There are no serious weak points on the 300/350 tractors, but keep in mind that you're looking at a 52-55 year old machine, with 52-55 years of wear and tear.
Literally ANYTHING could go wrong at any time, just from wear and tear.
The TA is frequently "out on the low side" on tractors of this era. Some will say that's because the TA is a weak point. It's not.
The TA is just plain wore out. Remember what I said before? 50+ year old tractor...
Replace the TA at this stage, and it will outlast you. You're not going to be working a 100 acre farm with a 300 as your main power. You're going to be diddling around mowing once in a while, maybe plowing a few acres each year for a garden.
The only other area of any concern is the hydraulics. Occasionally you'll get a tractor with a plugged screen or bad pump. Again, due to time and use, not a flaw in the design.
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