I got my last one at photorama new in box for $25. It had a foggy eyepiece that was remedied in about 45 seconds. The only problem was that now my other Peak was not as clean, so I had to take the eyepiece of that one apart and clean it also
The reason you should get the Model 1 is that you can see the edges of the projected image. This allows you to adjust the focus and f-stop to maximize depth of field for curved negatives. Or alerts you that you are the magnification limit for your lens or you are getting close to the edge of the usable image circle. This can save paper.
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