(quoted from post at 12:38:52 10/24/10) "Central Iowa" can encompass alot of different ground, but I was at the Belmond, IA show this summer and watched a Super M and other three bottom tractors struggle with 3-14s when I didn't think they should have struggled. So, I would believe a 3-16 may be too much for a Super M.
One thing to keep in mind with these #8 Little Geniuses, the three bottom plows are commonly found as a two bottom with an add-on third beam like the 3-16 you have found. 99% of the time the third beam will be sprung on those plows because it was a weak design. It will plow, it just will do an awful job. The answer is to find a full-frame three bottom which could be found as a #8, #15, or #16, or shim up your plow and get it aligned (I did it with my grandpa's 3-14), or take off the third bottom and use it as a two bottom. My suggestion to you, since the plow is a good deal and looks to be in good condition, would be to buy it and turn it into a 2-16. You can use the best shares and boards and still have a set as a spare. If you need to talk the seller down, you can tell him that a 3-16 is a size of plow few people would want, and if someone did want that size of plow they would want a hydraulic lift, and the third beam is sprung.
You can continue looking for a 3-14 or 3-12 but keep in mind what you're going to find. 3-12s are out there, just not common. I would say since you are beginner, get this plow, make it a 2 bottom and have fun with it.