I just got a 154 as some may seen over on the cub board. It's an interesting tractor with quite a few differences from the fcub.
Best I can figure, the tractor last ran in 2003, but was parked in a shed, with the hood and radiator removed. The lady I got it from husband passed away shortly afterward, and she had no idea what might be wrong with it. After two full days of tinkering with it, I got it running really well. No engine issues apparent, and I was able to get the "Tell lite" to work....so it has some oil pressure. The clutch/brake was tough to figure out, but I found good info here and the owners manual, got all the adjustments made, and now goes in gear. The PTO works....which from reading is a big plus. The not so good.......the hydraulic cylinder that raises the deck leaks down fairly quick. It will need new front tires and rims. The throttle cable is broke, and owner replaced with a push/pull PTO cable.....it's functional, but........The wiring seems to be original and is still in good shape, but all the lights have either broke lens or brackets,(rear). The front grill has had some fiberglass work that need a little attention. The most puzzling problem so far has been the generator. I can't get it to work at all. I've tried polarizing it. (Switch on, jumper from BATT to GEN), but got no spark. I'll spend tomorrow trying to sort through that issue. All in all, I got a great deal on it and plan to keep it as a work tractor. Mowing and light yard duty mostly. I'll dress it up a little though.http://www.farmallcub.com/phpBB2/viewtopic.php?f=1&t=44709