Loader on a 240 and you will like PS on it. MY 240U has a Char-Lynn TG on it, but it's not the IH factory version, it's like the one you pictured. To install it, the shaft running along the engine has been cut and the TG mounted in that shaft instead of the factory under the dash. Pretty simple installation, but I'll warn you, the pump does not have enough volume to operate both the 3 point or Fast Hitch and steering. With part of the flow tapped off with a priority flow divider valve and the tractor idled below 1/3 to 1/2 throttle the lift won't work. Also will need a separate pump for the loader... same thing, you won't be able to run the loader anywhere near idle. I have often thought of installing the PFDV in the loader circuit as my loader pump is bigger than needed, but what if the loader is ever taken off? I guess I'll never do that, but the next owner might and if he doesn't understand hydraulics he'll have to come here to bug you folks.
BTW, when I worked at Eaton, they made several configurations of the TG... some guys even used them on race cars back in my racing days. I didn't work at the Shawnee plant (been there once) where they made them, but I recall one of our mechanics installing one with a long input shaft on a carloader, and at one time I had a catalog with all the Eaton Hydraulic products... probably got left at work when I retired.
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