There are 2 types of weapons.
1 - A transition weapon
2 - Endgame weapon
This weapons is obviously not even close to being endgame so lets look at the other category.
Is it good enough to be a transitional weapon? Meaning that you'll use it until you build your character and get a few relayers and get you to 220 Dex without horrible equipment? Possiblty.
If this weapon was a Yumi already i'd say yes, but the thing is that you'll have to spend 200ed just to change it to a Yumi and therefore it now becomes questionable. Is the investment worth the return? That's for you to decide.
Obviously don't waste anymore points on Dispel, Damage Increase, resistances, or anything other than getting your Lightning up to over 50% and depending on how many points you have left you can add Magic Missile.
A weapon has only 1 purpose. To deal damage. You shouldn't waste points on anything that doesn't add damage in one way shape or form. Having Dex can be deemed "acceptable" if it's an entry-level weapon so you can get to 220 but other than that...no.
Anyways, just my opinion
