Pass, if I had that kinda gold the last thing I'd spend it on is a ****ing mount, especially at that price.
I could max the professions on all 10 of my characters, deck them in 264 crafted gear, get them all 310% flying and still have enough gold left to pay for a night with Gangsta. All of that is much, much better than having a mount on 1 character that'd I'd probably reroll away from anyway.
I played Classic until I was nearly level 60. It needs The Burning Crusade really for me though. I am lurking around Daggerspine again for a while, trying to get used to the changes lol