"Old" Watchguard SOHO any good?

I have a Watchguard SOHO with the firmware apparently last updated some time in early 2002. Is it still useful as a firewall or is it obsoleted by now? I'm wondering if buying a LiveSecurity subscription would be worth the cost or would it be better to get a new soho firewall appliance. Really don't need the speeds in the latest batch of sohos so I'm looking at it as cost/benefit rather than cost/performance.

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Konbo
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