I would pass too. Same reason as Mcgyver. Define your goals, do you want to build and make things, or to you want to have a shop full of tools that all provide overlapping capabilities and take up space for projects. For me, it's purely make things. I could have had a nice 10" atlas lathe last week for very cheap, but I have no room for it, and it's extra capacity vs my Myford vs the hassle of moving it in, and rearranging everything was just not worth it. I will reserve that headache for something more worthy. I only have so much "shop time", I don't want to spend it playing the sliding box game with machines anymore. Every machine in my shop has moved to every spot on the floor at one point in time. I'm done (for now) and just want to make things with what I've got in my current iteration of the shop.
We're all different though, so if you like bringing machines like that back from near death, then go for it.
None of my machines are what I would consider excellent shape. They all work, and I'm able to hold the tolerances I need for the projects I work on, but they are all far from factory specs. Certainly helps that my entire career was spent on near clapped out machines, and tickling tight tolerances out of them became an acquired skill. I wouldn't even know what to do with a brand new machine. I certainly have no business owning one lol.