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i purchased a 270 a few weeks ago for a friend. was $300 and in good shape. basically it's a 700 threader motor with chuck that is built into a tristand. it chucks the pipe and turns it so you can put a 12r ,oo or any other threader against it. sort of like a 300 without the carriage , reamer, threader or cutter.
my buddy and his guys love it.
a 300 can be converted with a carriage assy to accept the cutter, threader, reamer.