It will probably cut just fine, but I would be concerned with the type of tang the blade has. I own Mora knives with short tangs that do just fine, but with the wooden handle, it's difficult to say how big the tang actually is and how it is secured into the wood, is another fact that's important. Usually in wooden handles, the blades have stick tangs, which can be weak, if not full length of handle. If you can find out the info to these questions it will help you make a better decision.
I can't say one way or the other if it's worth $60.00 or not. That's up to you and your pocketbook. However, I will say that I wouldn't pay that for it, because I can get good scandi knives for a lot less money. As an example, you can pick up a Mora, for under $10.00. A full length stick tang Mora with wood handle, for well under that $60.00 mark.