Give it to me.. :-D
But seriously (i was serious), you can do a few things depending on whether you want to play games or mess around with apps or Video Editing (will need a toaster board for that).
Does it have a hard disk installed and how big is it? (i would think it's a SCSI)
Is workbench already installed and which version?
Maybe think of getting OS3.9.
I pretty much have the same system as you, but i have 2 x 4GB HDD & CD rom, 3.1 roms, but no flicker fixer. (trying to get one). I have 3.9 install and mainly use it for games and to transfer files from pc to amiga (either thru the serial port or the CD rom)
If you can decide what you want out of it then i can give you more ideas.
Regards and enjoy