It looks superb, just light wear to decals, and in very good over all condition. I wish it was I who came across a 115, the price was good too ;- )
I think these models run best on oil, grease actually slow them down a bit; at least compared to Finish Line Ceramic and Triflow oil. I have noticed this on the 201 and the 15, once cleaned up they run a notch or two smoother. It's not a big issue, but I have noticed many go for grease even when it's not strictly necessary.