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I know I paid about £250 for my complete teardown and rebuild with progress pics and all - but that's clearly at the top end of the scale, and the watch I sent was absolutely battered, not even running. I'm sure a basic clean lube and service is much cheaper. There are definitely a few recommendations in this thread so well worth a search.
Gotta be honest I really like the face discolouration - shows its history. You CAN get things refaced but often it makes a watch lose a lot of its charm.
I reckon a new crystal and a service would go a long way to making it very very wearable - it's probably dry as arseholes, and could at least do with a lubing - and you can always reface later if you want to.