John LeFevre has this dryer and the matching washer in Beltsville. Robert has the 950, one step down, but still a TOL in more ways.
The controls on the 1050 series were pretentious and designed to impress the geek husbands more than be useful to the wives or others actually doing the laundry. The 950's had 2 cycles instead of 1 and had versatile, common-sense controls. I think all the manufacturers back then were trying to mimic the TOL Maytags without having the guts or the engineering skill to commit to that true "One Button" operation. This dryer was much more successful in that respect; all those TOL GE's of that vintage, especially the 1960 and 1961 models, featured a control dial that did everything. The button on the RH side was for the fancy-schmancy air freshener canister.
Also, according to John, that groovy bleach dispenser was prone to rusting the cabinet with chlorine fumes from the storage well. Still, I wouldn't throw any one of them away.