I have a 5540 which I belive is the same machine only 4 ft wide whereas the 5580 is 5 ft.
I have never run other balers so I can't do a comparison. As a belt baler it can be used for hay and straw but only for silage with great patience as the crop will build up behind the belts. Mine has a problem with baling straw that is very dry and crispy. The bale will press so much against the sides of the chamber that it gets stuck when half size.
Like the others say, have it hooked up and run and listen to the bearings. Check the chains and see if the sprockets are worn. Chains must be well lubricated and bad chains destroy the sprockets. With tailgate open remove the coverplates for the pickup and check the nylon bearings and the metal sleeves for the pickup bars as well as the tines. Also check the wide angle PTO shaft (expensive part to miss) and try the function of the twine wrapping actuator. If you need any specs or part numbers for the machine I can look it up in my manual as it covers both models.
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Today's Featured Article - Oil Bath Air Filters - by Chris Pratt. Some of us grew up thinking that an air filter was a paper thing that allowed air to pass while trapping dirt particles of a particles of a certain size. What a surprise to open up your first old tractor's air filter case and find a can that appears to be filled with the scrap metal swept from around a machine shop metal lathe. To top that off, you have a cup with oil in it ("why would you want to lubricate your carburetor?"). On closer examination (and some reading in a AC D-14 service manual), I found out that this is a pretty ingenious method of cleaning the air in the tractor's intake tract.
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