If you had one before and loved it, I think it's worth the $66. Generally speaking, Gerber isn't held in very high regard on this forum, due in no small part to the dubious quality of their imported products, as well as the number of other manufacturers' excellent alternatives to their USA line. I have several USA Gerbers and like them just fine, including an LMF II, but I bought them with no particular attachment to any brand, Gerber or otherwise. I visit various other forums where people seem quite happy with the LMF II, albeit not as collectors or even knife "enthusiasts" as you would find here on BFC. I do think that it's a bit clunky for most purposes, and sort of falls into the survival knife niche as determined by a marketing firm, and maybe stresses that aesthetic a bit much vs. useful features. Personally, I like the Prodigy better as Gerber products go, and the similarly priced Buck Nighthawk more than either the Prodigy or LMF II, with it's comparable steel (420HC) and arguably superior handle.
Anyway, for $66, I'd go for it if you know you like the knife. Yes, there are other knives out there for around the same price that might be better depending on what you're after, but sometimes it's worth it to go with what you know.