A bit off topic here, but the IBM 407 lives on as the "spec" stage in the CMS 
Pipelines utility. From the reference document:
"Rest assured that no hardware knowledge is required to use spec effectively. 
But you will
have a head start if you have past experience with the IBM 407 Accounting 
Machine,
which influenced the design of spec."
Spec is basically the 407 implemented in software. See:
https://www.vm.ibm.com/library/720pdfs/72625201.pdf
for more details.
DJ

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