RE: Is it worth fixing?
Back in its day, that was a very nice bow. Go to your local pro shop and have them check it out - if its good, and fits you properly, you can fix it up pretty cheap. You don't have to buy high dollar sights, etc. I agree...its not worth much (money wise) but hey...get her set up, practiceup -and you can hunt!
Heck, if you have some hunting buddies that do bowhunt, they probably have old stuff they aren't using they would give you to put on it. Good luck...