Acquired this bow, what do we like and not like?

I used to love going to the range and shooting when I was a youth. 25+ years ago since I picked up a bow. Well this bow was dropped into my life from an in-law. She knows I hunt (rifle, deer) and thought I’d like to try bow hunting.

I guess I want to know is this a quality bow? Should I use it as a hunting bow? What do we like about it? Is it outdated tech? I live in Florida and can go to the woods to break the rust off.