The Falcon is a bit better machine. It looks to be a model called Black Diamond, the manufacturer's base model. It has quite a good deal of rust that would need to be dealt with. The drive chain for example looks as though it maybe rusted solid. When one opens a machine which looks like this on the outside the inside is rarely pretty...

Unless you want a "project" I would keep looking.

Mods: this thread might be a better fit over on the C&V appraisals forum.