Leitz(Leica) focomat Ic: can I make quality prints?

I recently received a Leitz Focomat Ic enlarger from a relative after talking about a darkroom class I took this summer(she gave it to me since she wasn't going to use it anymore) with a Leica IIf camera. The 5cm summitar lens is used on the enlarger. Can I make real quality prints with this enlarger?? She bought it new many years ago but would I be better off getting a newer one???

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