Originally Posted by donf
Made2last,
With a furnace that old, probably upgrading to a new furnace should be considered if for no other reason than the efficiency the new furnace would bring to your heating costs.
If you want to play with the blower, you need to inspect the drive belt to make sure it is not slipping on the birdcage or if your motor is an induction motor, check the capacitor and the motor bearings for noise by rotating the birdcage by hand. Please turn off the motor's electrical circuit at you breaker box. Also, a dirty impeller (birdcage) can cause extra noise, so get in there and clean the vanes in the birdcage and surrounding areas with a brush and then vacuuming.
Personally, I would replace the furnace, but I'm no expert.