I have that Meade, 114mm F8. It's a real scope. The mount is trash, literally, that scope is too much for that mount even on a good day. You'd have to re-mount it. That would require new rings to accomodate a new dovetail that will work with a standard vixen dovetail based saddle on a new mount. And of course, a new mount. Or, best way, is to customize a dobsonian base for it with some plywood. It would be a rescue job. That assumes the mirror's coatings are still any good. Optically as its a long F8 mirror, it will be fine and easy to collimate. If you wanted to build a fleet of cheap small scopes for outreach, then sure, go for it, for $20. Just know you have to re-mount it to be truly usable.
Very best,
I've also got that combination and as long as everything is tight on the mount I find it quite adequate.
i found a meade telescope i believe its a 4" to 4.5" ota (maybe a 4504?) the tripod is worn so no adjustments can be made. also im not seeing any ep's in the photos. im gonna post a pic. ive been trying to upload pics here but it doesnt seem to work maybe because im new.
im asking if its worth 20 bucks or if the scope isnt really worth it since its pretty outdated. i own a 130 slt and im happy but im also becoming addicted. 
$20? As long as the mirrors are in good shape I'd buy it in a heartbeat.
Do you know if the mirror in your 130 slt is parabolic or spherical? I have seen reports that it may be spherical but have not seen anyone confirm it. If it is, that Meade may actually perform better at high magnification than the 130 slt. The Meade is definitely spherical, but it has a long enough focal length for it's aperture that it doesn't matter.
If the problem with the mount is the slow-motion controls don't work, it's likely an easy fix (the mesh between the worm gears and spur gears is adjustable and they may have just been knocked out of adjustment).
If you decide you really have no use for it you can easily get your money back, shoot, the mirror set alone is worth more than $20: https://www.ebay.com...QwAAOSwAbBe6-fw