If the spindle was free turning and you could still make the handles turn, I'd maybe consider it, but that is in incredibly bad shape. It would need to be completely disassembled right down to the gearbox, have all the ways relapped and ideally re chrome-hardened (not for the layman to do), probably all the screws cleaned and potentially replaced because I'll bet that has a ton of backlash, belt replaced, everything re-leveled and squared. It is indeed a ton of work and if you don't know the tricks behind taking Bridgeports apart, don't have the additional equipment for the precision surface repair - or don't have a small jib crane around your shop to actually move all the insanely heavy parts - it's going to be quite a difficult, albeit not impossible, kind of job.
And all of the above is simply hoping that water has not collected and pitted the ways beyond repair.