It doesn't matter much what we think. Some here will think you're getting a steal, while others will think you're wasting your money. The important things for you to consider are:
1) Is it easy to play? Of course, even if it didn't have the best setup, a competent string repairman can give most any upright a great setup.
2) How does it sound to you? Is it anemic or boomy? Does it have a better arco tone/volume than pizzicato or vice versa?
3) And the most important thing: Do YOU like it? Everying else are moot points if in the end you still aren't too keen on the bass yourself.
Different strokes for different folks
BTW, I just paid $200 for a 1989 Glaesel Georg Herrmann DB-66 and it kills the $2500 Eastman in my store right now
