that craftsman saw looks like my dad's. of course you can still use it, just replace the motor. its bolted down on the plate. all you do is loosen the bolt on the top that locks the sliding bar , remove belt and slide out. you can replace the motor with same or stronger motor. or have it rebuilt, but warning rebuilt costs more then a replacement motor you can get from harbor freight or tractor supply that you can get right off the shelf. just match the rpms, and hp and voltage you are using which in your case should be 120v. I have the simalar craftsman table saw but upgraded model with cast iron ends and higher hp and its put together the same way. I got the upper model since i can see my dads like yours the motor is not cut out for regular daily use like i use it for. my dads motor would trip once awhile so i have to reset the button on the motor once awhile due to voltage drop from garage to shed. I dont see the point of replacing the whole saw if the bearings is still good for the blade shaft.