I recently picked up a Reed model 701 (similar to a Ridgid 700) on eBay. This thing rocks - it threads 2" with no problem, only weighs 15.5 lbs, and the "reverse" setting has higher gearing that takes the die head off at 60 RPM.
We also have a Reed 701-Good machine but a little more delicate. If taken care of it works fine-and sure is a lot lighter. I also have a Rems Amigo wich is a great machine as well but won't take Ridgid or Reed dies-have to use Rems dies.