"What is that thing next to the dough hook?" I think you're asking about that odd looking thing in the far right-hand bottom corner... thats actually not something on the counter, its a graphic added to the pic (a watermark) which was put there by ebay, I guess. The pic is the one listed on ebay by the seller.
I know that these older units were sometimes offered in a few colors but I don't think they ever offered anything similar to this blue back in the Hobart days.
Its a Cobalt Hobart....I'm thinking of just calling it "Hobalt", eh? (Cobart?)
Man, that would confuse some folks!
P.S. One functional change that I made to this unit was a new three-wire power cord. This allows a ground wire connection to the frame of the mixer (an equipment ground) which provides an extra margin of safety in the event that the mixer were to short out. This means a three-prong plug, of course.