Solid, excellent sounding and arguably one of Sony's best and one of the best cassette recorders full stop.
Stereo Sound ranked it in 1983 as Best Buy above the three monster Naks (DRAGON , ZX-9 , 1000ZXL) - not bad for a brand "only making nice Walkmans" !
The K777 was so good from the start that differences between it and its two subsequent versions remained minimal (if audible).
All three bear the following :
Encapsulated ribbon-core and FET-buffered outboard trafo, heavy gauge steel frame and aluminium plates, dual-mono boards, anti-resonant layout, all-DC FET SEPP i/os, BSL DD motor with Quartz-locked Closed Loop / Dual Capstan, two discrete S&F heads, three individual calibration trim pots (bias & rec level L/R) and 5-step calibrated line out selector.
Plus a large multi-function display which displays different markers according to action (rec/play, bias calibration or rec calibration), a switchable MPX filter (back-plate... nobody's perfect) and a wired or semi-IR remote plug for the RM-50, RM-65 or RM-80.
There is no Dolby C, though : that would be for the TC-K777ES update.
Sony made its reputation in the broadcast world with tape recorders and the K777 was a fine example of this fact.
One large partial view of the underside here.