It's so sad to see but if it wasn't for her current owner, we may have been having this discussion about 7/8 years ago. I, for one, hope she won't meet her fate at the hands of the cutters torch but, as it says on Wikepedia, she seems to have dodged the scrapman since 1991...
Unless anyone with major disposable income comes to the rescue, even to get her to static status, she's finished, much as it pains me to say it. Reading a report from the Wirral Globe from 2001 when a spokesman for Mersey Ferries said, upon questioning, was asked what it would need to make her seaworthy again. He said between 6-7 milion pounds would be required. He also stated that the reason she was retired in the first place was due to the fact that she 'needed a new power plant and a new hull.' Not pocket money you'll agree...