It all depends
Here is a quick guide to help you answer your own question.How much is there and is it servicable?1-do you get a set of sails in servicealbe condition?2-What condition is the mast and boom in? Does it need replacement?3-What condition is the standing rigging in? Will it need to be replaced?4-What condition is the running rigging in?5-What condition is the electrical system in, need bettery-etc? Running and anchor lights?6-does it come with trailer???If so what condition? Tires-etc?If all of the above is there and in good condition, or you can afford to replace what is not, THEN check out the hull. Check for prior poor repairs, delamination, osmosis damage, condition of the keel, keel winch and cable, is the hull warped due to improper storage, is the gel coat cracked and are all the railings and lifelines in place? Check the deck fittings, cleats, chocks, sheaves on all the pullies etc. Check the interior for cushions, table and seating, water supply, marine stove. Check the portlights and fore hatch. Check the port-a-potty, has it ever been emptied?Forget the time required, if you add up the cost to repair or replace all of the above, what kind of boat could you buy for that money?If you want a boat that reflects you as a boater, the restoration is a great way to justify custom work. If you just want something to sail you'll probably get off much cheaper buying something ready to float.As for how it sails, find a friendly local owner and offer to crew for a day. Many are receptive if you explain what you hope to learn. It gives you a good idea of the boat, much better than any reply I could give. Whats good for me might not be for you.Mike"The Lady Lynne"SD Ca.