That is the only machine I ever purchased brand new (done while I was in high school many moons ago) and I'm proud to say it's still a great machine. I paid $187.59 including sales tax (which I wrote in the back of the manual!) While it doesn't have the features of today's machines that make certain tasks easier, it will sew anything. I still love the ol' Kenmore and I have never had it professionally cleaned/serviced because I can maintain it myself.
Welcome to the Quilting Board and beware of getting bitten by the vintage machine bug!!