I have a red one and it is no where close to the 1050.....the mechanical engineering is far superior on the 1050. Looking at the money factor the 1050 is still worth the money due to the frustration factors. The red one works fine but you have to be careful because not every pull is consistent. One pull the case feeder may drop a case to the slide bar and it bounce across room.....next one , the bowser drop may stick up and not drop the next powder......if there is a problem with the 1050, it will not advance. I just got my 1050 last month, used, and will have a second on the way next week.