1st Gen indeed, and for sure it worth service/repair it!
Now, be careful because I think the Chronograph Sea Diver used radium, not tritium.. A Geiger counter should go crazy next to this one, confirming radium presence. If it would be for my own usage, I will contact a skilled person and ask to relume the hands as they are flaking, making the watch especially dangerous if opened...
The hand relume would be the only cosmetic work I would do. You can eventually replace the chrono (central) hand as it seems bent a bit but good luck finding an original one I guess. Mine (Gen2) also had a slightly bent chrono hand, and I did not even bother to search for one
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