I own a beautiful 747, but not the 646. I understand they are very similar internally, just that the 646 has VU meters and didn't offer dbx. Sonically, the 747 is pretty good, but no match for my Technics RS-1506 and 1520. Most everyone else also agrees that the 747 is mostly a showpiece. It's fragile, has hardly any part available these days, and is one of the most beautiful open reel decks made. That said, I use mine sparingly because I'm afraid of it breaking, though recordings are rather nice. This is mostly the reason to own one of these decks - they are trophy decks. You don't want to use them, just display them. If you're looking for a deck to use daily I can think of a few more better sounding and better built than the 747 for less....waaaay less. Otari's are high on the chain, as are SONY's, Technics, and some Teac's.
Jimmy