courier having the time and energy to put into an EMD will do the trick. The domain has been 301'd I assume for 3 years so in all reality your starting over.
EMD domains still do real well if they are worked as a real website. The EMD filter was not for websites that are active but those that were build had a link or 2 pointing at them and ranked.
Me if I had a good one and had the time no question I would go for it.