I can't see who this would appeal to. Does it have any traffic? Hard to go the name route as it seems to be a misspelling of Luding.
*Edited - I just saw your post that it was a music site. I would say then that the only potential market you have is to the previous owner. Therefore can't really appraise on what he would feel it's worth to him if he still wants it (he let it drop so unlikely). Outside of that I don't see any value in it.