The B1977 is what is (was) referred to as an RF30 or RF31 style mill.
They are a good place to start. Get the R8 taper version if you can, so tooling will interchange if/when you upgrade. Easier to sell if you get out of it, and less beating on your spindle bearings to remove when changing tools, compared to the MT-3 spindles.
Only good thing about the MT-3 spindles is that you may be able to use the tooling on the lathe, if it is the same size, and it's not too hard to make your own MT-3 taper spindle blanks, if you think an hour of your time is worth less than the $6 that busy bee charges for an adapter. You can make your own R8 taper stuff too, though, so it is kinda a minor point.
The Morse taper is a self locking taper, it will stick in the bore, esp if you tighten the drawbar. R8 is self releasing (in theory) though it may take a rap with a blunt object to pop it loose. Won't be the hit that a MT taper needs, though.
The mills like the Busy Bee one, make a great heavy duty drill press, if you get the space to use it as such after getting a larger mill.
Prices? Generally you get what you pay for, but not always. If you shop carefully, you will find companies selling the same mill for a bunch more, mostly because they can. In some cases you can get varying levels of fit and finish from the same company (the Co. selling the mill , that is) and then you have a comparable.
As an example, Grizzly tools sells several different levels of the same machines, built often in different factories. Better finishing, better bearings (sometimes), and better overall fit of the parts, with fewer sharp edges.
But Acklands or say, Thomas Skinner, will happily sell you the equivalent of the Busy Bee one for several thousand dollars more. You won't get several thousand dollars better.
Good machines to start out on. Much internet hay has been made about the inability to hold position when raising and lowering the head. Not really an issue as you will mostly be scribing a line and cutting to it, at least to get going.
Village press, the publishers of Home Shop Machinist magazine, have published a book that covers the adventures of a fellow doing what he needed to upgrade and improve a Mill-Drill. I'd say it was worth owning. Should be about $40 or so. Check their site and search the term "mill drill".
Buying new gives you the ability to take it back if it's broken, but otherwise, I'd rather save the money and deal with the issues if I have to.
Buying used can often give you a shortcut to a well equipped shop, if tooling comes with. A wooden box full of rusty and dull drill bits, is not "fully tooled", by any means, though it seems that some sellers think so. Educate yourself, bring a knowledgeable friend when looking at a used machine.
Cheers
Trev