If it's in good condition, I'd say 450 is a bargain. I used a Record when I was learning, but tbh can't compare properly - I was just doing simple, small things as I learnt and once I got my own lathe, stopped going to the club (which had all Records). I've turned up to 24x5" bowls on mine, it handled that well. It's a solid bit of kit (I'd imagine solid beds have less movement, but I've not had any issues at all).
Headstock thread adaptor for 1" x 8tpi Lathes. Optional chuck insert for using the Nexus3R chuck on a lathe with a 1" x 8tpi thread on the headstock. The internal thread is 1" x 8tpi and the external thread is