Yes. It's a lesser 262. Meaning open port, lower powered saw. It should be a torquey little bugger. 150 bucks in good running order is a very fair price for that, imo. I haven't run one tho, so...
ps, the brake could be melted at the base. The side exhaust was known to do that..I still haven't made a better deflector for my 262 to eliminate that potential mess. Mine is perfect yet, but still it is a concern on these saws.
there's a really good video by afleetcommand and spike60 that describes the whole family of similar saws. That would be worthwhile for you to check out.