Join Date: Dec 2005
Bikes: Bike Friday Crusoe and Pocket Tourist. Dahon Curve D3 and Speed P8. Raleigh Twenty. Bianchi Eros. Highly modified Mongoose Dynametric (hybrid)
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There are people who fix up and ride these older Dahons. It should be fine for a short distance, get around town type of bike. If you like fixing up old bikes, it may be worth the time, but it's probably not worth spending a lot of money on replacement parts or upgrades. Of course, you have to decide where "a lot" starts.
More recent makes and models of folders, including the current Dahon models, have gone far beyond these older Dahons. If you decide you don't want to keep this one, you probably won't be able to sell it for all that much, even if it's fixed up nicely. That's another consideration when deciding how much time and money to invest in it.