Pops, the 742 Woodmasters are hunting guns for the typical 100-150 yard shot in woods. They won't hold up to high round count and they aren't super accurate. But if you've got one that feeds and fires reliably, you'll probably enjoy having it as long as you have realistic expectations as to what it can do.
I agree, the price was about right. For one in as good of a condition as you say yours is, $350 probably would have been reasonable too.
The Jeep has been a lot of fun, but time to come back to my first hobby.. shooting.