Shopsmith Wet/dry grinder...deal or no deal?

My wife and I found a garage sale today at the home of a former woodworker whohad passed on and his wife was selling some of his tools. He had a full Shopsmith V, with dust collection, and a bandsaw for $1200. It was in perfect condition, but not exactly in my “garage sale” price range though.

What I did find, and the reason why I’m posting this message, is a Shopsmith wet/dry grinder as seen here:

Now I scanned the internet while in the driveway at the garage sale trying to price this machine to see if I was getting the kind of deal that I thought I was getting (a great one) but could not find a price or review. So… I bought it for $50 and was happy to pay.

But I wanted to ask my fellow LJ if this was a DEAL or NO DEAL?

Thanks,
Mike