60's espresso machine any good?

Hello group

For a long time, I've wanted a real espresso machine instead of my old
moca pot.

While considering a Rancilio Silva or similar, I just stumbled upon
this 60s thing on a Danish auction site:

http://193.238.185.184/vare/1/1/0/8/7/i1108728-1.jpg

The brand name is "VAM Milano".

Do you think it's any good? Does it in any way compare to more modern
espresso machines (or my old moca pot)?

All advice will be greatly appreciated. :-)

Mikkel Pagh,
Copenhagen, Denmark

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