Yes, it is. The genesis block was created on 7th Jan 2014 01:09:14. But I plan to make a new client on modern codebase and migrate to it due to the large number of issues with the original codebase.

Wasn't 42 coin one of the most expensive coin ever made so far, about 2 to 3 years ago?

Actually, all depends of the community and desirable changes. I propose redemption (swap), during which old 42-s will be redeemable for new 42-s on a 1:1 basis, old 42-s will be destroyed at the same time.

{
    "version" : 70000,
    "protocolversion" : 60001,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "blocks" : 990381,
    "connections" : 2,
    "proxy" : "",
    "difficulty" : 6.54806459,
    "testnet" : false,
    "keypoololdest" : 1450018601,
    "keypoolsize" : 101,
    "paytxfee" : 0.00000001,
    "mininput" : 0.00000001,
    "errors" : "WARNING: Displayed transactions may not be correct!  You may need to upgrade, or other nodes may need to upgrade."
}

ERROR: FetchInputs() : 97071ce3a3 mempool Tx prev not found b28ca71d1b
ignoring large orphan tx (size: 35427, hash: 97071ce3a3)
ERROR: FetchInputs() : ad6070b410 mempool Tx prev not found 02531a55cf
ignoring large orphan tx (size: 64619, hash: ad6070b410)
ERROR: FetchInputs() : 3ebf809fd8 mempool Tx prev not found d5764cff71
ignoring large orphan tx (size: 41975, hash: 3ebf809fd8)
ERROR: FetchInputs() : d8d88a5666 mempool Tx prev not found cfa29d5e2e
ignoring large orphan tx (size: 40913, hash: d8d88a5666)
ERROR: FetchInputs() : fbb9fc6b30 mempool Tx prev not found 1cc54df938
ignoring large orphan tx (size: 51720, hash: fbb9fc6b30)
connection timeout
trying connection 82.192.198.114:24242 lastseen=0.9hrs
connect() failed after select(): Connection refused
trying connection 88.206.187.1:24242 lastseen=0.9hrs
connection timeout
trying connection 82.29.4.122:24242 lastseen=0.9hrs
received block 8a0db20952f8fc9dfa43
ProcessBlock: ORPHAN BLOCK, prev=537d02746a18232b4929
connection timeout
trying connection 82.29.4.122:24242 lastseen=0.9hrs
connection timeout
trying connection 73.211.90.130:24242 lastseen=0.9hrs