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That's great, Jacob -- be sure to post some pics here when you pick it up!
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I recently paid 1500 for a 111, the smaller sibling of the 112 (80 x 6 belt, non-oscillating), that had been refurbished by the prior owner. I hemmed and hawed with myself for over a week about the price; but after using it I'd buy it again in a minute. If I had the floor space for its bigger brother I'd probably try to poach your 112 and sell you mine, but alas, I need some floor space for the actual projects I build.
If you don't know already, you can find the manuals for them on vintagemachinery.org.
Terry T.
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