The 1-45 and 1-45 were more advanced than the previous models as they were equipped with bearings in the wrist pin, earlier models just had bushings.
They are not real speed demons (that is an understatement) but they do have good torque and live a long time. I have some in that line that don't have 90 PSI compression but they will still run and cut.
Most 1-45 and 1-46 models came with the McCulloch (Walbro) flat back carburetor with primer. If you are not familiar with that carburetor click on McCulloch Carburetor link in my signature for some additional information. You can always swap it out to a Tillotson HL if you prefer.
Unless I found one in really great condition with everything working properly including the primer in the carburetor, $50 to $100 is about all I would go.
They are rather heavy, they will be loud, they are rather slow in the cut, but they just keep going and going...if it is your only saw and you depend on firewood to be warm maybe not, on the other hand when I was 20 through 26 or 27 years old I kept the family warm all winter with one old saw and a spare chain or two. I couldn't do it today but some young buck with a lot of time and energy certainly could.
Mark
Tonight I did a quick look at the 1-40 and 1-43 I have and both have HL carbs on them from the looks. No primers. I assume this is a good thing from what I have read about flat backs.
Kind of happy about that. Both are complete saws but have recoil issues. I hope to make a runner out of maybe at least one. They are heavy. Both units have nice cylinders so that is a good starting point and the engraved/stamped Mcculloch bars around 19" cutting lenght.
The 1-43 seems to be several advacnes in the design over the 1-40. 1-43 looks to have auto oiler?
1-40 has the manual plunger on the front tank.
Also one has a Leisure brand spark plug. Never heard of such a thing?