If it's cheap enough (<$250), it might be a fun pistol to own. I would not recommend the Star for CCW as they are not known for quality of workmanship or utmost reliability. Accuracy problems can often be traced back to the shooter but I've heard from those with very good shooting skills that these guns are harder to shoot well. The safety system is a bit different than the 1911 and not a design that has been widely accepted/repeated in the marketplace.
Bottom line: the Interarms Star is a nice relic/novelty pistol that could be fun to own and shoot. Would I use one in an emergency? YES! Would I bring it into an emergency by choice? HELL NO!!