Grab it! They are listed on ebay right now from $99 to $300 without a cabinet. Looks like a sturdy workhorse.
I stalled last week about purchasing an old turquoise Precision Deluxe model ST Belvedere - also $40.00 w/ many accessories, in a cabinet - next day I went back & it was gones. (: I think the sales clerk at Goodwill bought it - she was going on & on about how cute it was & when I tried it out w/ my fabric in the store, she was right there drooling over it, & said she'd like it too.