Yes, she's a project boat and has seen better days, but she's ready for a steady hand a loving hear to bring her back to sailing trim. The price can't be beat, and with a bit of sweat equity (along with a few scraped knuckles), you can be the proud owner of this popular bay-racing hull.
Edit: The original post said the boat was built in 1975, but it was actually 1973. My apologies for any confusion.