You folks here have helped me to cultivate an interest in planes. Today I
found a Stanley 118 at an antique store for $32. It looked like it was in
pretty good shape. Evidentally it is made of steel rather than cast
iron--not sure whether this is a good feature or not. When I held it up to
a straight edge I could see just a little light (wear) above the mouth (I
suppose this is normal?). Does this plane sound like any kind of deal?

Thanks for your thoughts,
Bill