Upon closer inspection...yes, that is a drier...being used for an accumulator.
Also, it appears, that the same coil is being used, for the evaporator and condenser.
Now, I'm no expert...
but, since the coils are only 2 row and extreamly small in size,
what would happen if you installed a true 1/4hp compressor in say, a coil system
sized for, oh...1/5 or 1/6hp? "snicker"...lol
I'm just say'n...