I much prefer the modern machines for every day sewing, but I love my FW collection for the history it represents. However I do collect sewing machines.
if it's only something that is dragging you down, or holding you back from doing/getting something you would rather have, then it's not worth hanging on to.
BTW- 1961 is my birth year also, I have a beige FW from that date.
on eBay, the White (celery) ones command about $50-$100 more than black and the beige about twice the black. And the 222 (open arm) about twice the beige. (this is for nice condition with case and cords/foot pedal)
$250 for black, $300 - $350 for celery, $500 for beige, $1000+ for 222