The slow spin sounds like a failing thrust bearing, but the added noise in agitation suggests a bad transmission.

Good choice, since it's about $200 less than the tranny. But brfore you commit to a purchase, tilt the machine back and remove the belt. turn the large pulley in the center in both directions. One direction will activate the agitation; the other will cause it to spin. Have someone watch from above as you do this, as you listen for any mechanical clicking, knocking, or grinding. Do the same with the motor and the pump. This procedure can save you some time and money.

Thanks magician59. I removed the belt from the bottom of the washer and spun the pulley in both directions. (The washer dial was turned to the spin position.) When I spun it clockwise the agitator would turn in one direction and then reverse and turn in the opposite direction. When I spun the pulley counter clockwise again the agitator would turn in one direction and then reverse and spin in the opposite direction. When I spun the pulley in either direction the drum did not appear to move at all. There was no clicks, bangs, etc. when the pulley was turned however, after turning approximatly 10-12 revolutions the pulley would drag for a quarter of a turn and then release. The pulleys for the motor and water pump seemed to work fine. Thanks

Thanks for the helpful information magician59. You have helped in my decision regarding the future of this machine.