I loved my '00 Mount vision, but it came with all the upgrades your talking about, I definitle say there worth it… at worst they could always be transfered to a newer frame.
The best upgrade that I did though was to replace the manitou forks, though I put MX comps on which did make it slightly slacker (longer crown to axle), getting a set of Reba set at 80mm would transform it and maybe having the rear shock upgraded with a push service to stop pedal induced bob (assuming it is a fox).
p.s. one of these frames came up cheap in classified a while ago, I was too skint to buy it, but would have if i'd had the cash.