The Monitor is good and widely used on cruising boats.
If by saying you're going to "get it working" means that you're going to take out all the play and make it nice and stiff again, be aware that the clearances have to be real close because even a little play in the joints will cause it not to work properly.
And any wind vane that doesn't work properly is an irritation not worth experiencing
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"Two possibilities exist: Either we are alone in the Universe or we are not. Both are equally terrifying."
Arthur C. Clarke