Welcome Jack
That is pretty much the same as my first lathe although mine was grey and didn't have the "legs". (I guess that these had been removed at some time and the machine converted for bench use. )
When I bought this I was told that it was an ML4 but a recent thread here has led me to question that and I now think that ML 2 or 3 is more likely. However, if you read Jason's link, you may then be able to decide – and just which model you have is really of little consequence.
As a beginner I found the flat belt drive useful. Any ham – fisted operation by me causing a dig-in tended to throw the flat belt off the pulleys and disaster was thus avoided! Your lathe is an old lady now and deserves gentle treatment..
I spent many happy hours with my first Myford and I hope that you will too.
I subsequently changed it for an ML10 and then a Super 7. There are those here who decry Myfords but I've always lived happily with each of mine.
Good Luck
Norman