It depends on what you want it for.
If you are just fooling around and have no intention of racing, then I'd go for it. $2K is not that bad depending on the condition of the sails / trampoline.
If you want to race, you'd have to make a couple of modifications, most notably a Comptip and a non-conducting tiller extension. But otherwise, the boat is class legal to race.
If you want to race competitively, you'd need a newer boat. The '72 is probably too heavy and would need too many upgrades (like new sails) to make it competitive.
BTW, the colored hulls were not a special model. In the early '70's, you could order any combination of 12 different colors of hulls / decks.
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