DON'T run it at PTO rated speed- have it at a little above an idle. Reason- if you run into something, it will kill the engine rather than destroy the post hole digger. You can't just put the 3 point lever down, and let it go- you have to get the dirt out of the hole as you go. With engine at just above idle, keep lifting the auger when it bogs down to clear out the dirt, then back down to dig some more. I learned long ago not to test the limits of a machine- all that does is just make you spend a lot more time wrenching than working.
As far as your purchase, you did good (861 is live PTO, isn't it?) You've got a good, usable tractor at the same price as a much lesser model, and the potential to make it a nice rig with some ongoing refurbishing.
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Today's Featured Article - Chores - by Frank Young. The ceaseless passing of time! It is at once our friend and our enemy. It measures our progress and it makes us old. Like most features of our life, few things are all good or all bad, and most such judgments depend on our own perspective or viewpoint. In our particular hobby, we enjoy the nostalgic return to the days of our youth as we recreate many of the scenes that took place on the family farm that served as the stage for the first few acts of the play that is our live
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