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hi Colin and welcome
the 951 is an 8-valve turbo, and the 944S you speak of is a 16-valve normally aspirated car. both cars come with their strengths and weaknesses. there are several threads that discuss both in detail. I won't go into all of it here
the real question here is how much money are you willing to spend? the problem with these cars is that it is much cheaper in the long run to buy a good example than a cheap "fixer-upper". these cars can become expensive quickly. even if you are mechanically inclined and can do a lot of the work yourself, the parts cost alone can get to be astronomical. there is no free lunch here. in most cases, you'll end up spending more money on a "fixer upper" than simply buying a good one in the first place
many people think that they can get a car for cheap and then "fix it up" for a few hours of labor, a bag-o-bolts, and a paint rattle can from the hardware store. this won't work. you already seem to have done some homework on what things will cost, so you have a basic understanding of what you are up against
oh, and you may try to post this on the regular 944 section, as this is the turbo section, and not too many n/a guys drift over here. you'll get more responses there
good luck and have fun!
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