A 29K3 is a lot like a 29-4 in that it has a solid horn. The problem with these machines is the area in the horn around the bobbin case wears and the only way to fix it was an insert put into the bobbin case area that took up the wear. I looked at doing this years ago and then the clones came out so why bother. The other problem as Folker mentioned was this: there was no adjustments to take up the wear on the parts. Once they wore, you had to replace them. With Pilgrim Shoe no longer in business, the source for parts for these early model machines has dried up i.e., pinions, needle plates, screws, etc.
glenn