Good news..
Ok, believe it or not, if this bass size/model is a good fit for you, then have the bass restored. There is nothing there that can not be fixed and made to work again. Old basses always have a rough life and they get fixed and fixed again for lifetimes. The bass I am playing tonight has tons of repairs on it and it is the feel and sound that I go for, not the looks.
I think also that fixing this bass is going to cost you less than buying something new that for one, you don't know how it will be in time and two, how it will sound. Stay with the 1/2 sized Kay. It's a good fit for you and it's a classic!
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