Hi Martin,
at first glance it looks lovely and can't help but smile at the lavish love and paint it's had clearly the builder had no idea about building light. I have looked on Cambrian site and they relaunched this kit at £104.00 .The kit contains: Pre-cut ply and balsa parts. Pre-shaped leading edges,rear spars and ailerons. Veneered foam wing panels. A large one piece, moulded canopy, cockpit interior and moulded cowling. Pre-formed undercarriage, motor mount, control cables and all fittings and linkages. A full sized pan and instruction book. So I guess it all depends on the wings. I personally would cover with Solartex or Oracover which is stronger but heavier.. I would see it as a challenge to get it rebuilt and flying again,good luck on what you decide