IMHO, similar amounts of money are better spent on something like a Nettar, a more modern camera with bulletproof architecture. There are periodic threads here on affordable folders, and there are a lot of us around who are a little bit mad for them. Personally, I've had very good luck bottom-feeding on eBay for dirt-cheap cameras; I've gotten a pretty even split between the three categories "wow!", "OK", and "paperweight", and at US$10-20 per camera that's quite decent.
($135 for a working Ikonta might or might not be a reasonable price, depending on the condition and the lens and so on. There are a lot of them out there, though, so don't feel like any particular example is "now or never".)