Thanks for the input guys. I won another auction for an A1200 Tower that comes with a commodore color monitor. It's on the way...hopefully I am going to be a happy amiga owner soon 
Maaan...your financially
set. But wait a minute!! If you you just bought an Amiga 1200 and a tower at that, what would happen to you A500? It would be in the closet unused.
Personally, if I own an Amiga 1200, towered too, with AGA and an Amiga with OCS with only 512 KB of RAM, Kickstart 1.3 I would only use the A1200 and leave the A500 collecting dust.
HOWEVER, if I only an Amiga 500 then I have no choice but to use it, you see what I mean?