Wasn't this the same car that was subject of a thread about 'the most honest eBay ad' or something? Maybe there was a little TOO MUCH detail in that ad for the average eBay buyer??? In any case, the rust is a major concern. The seller indicates it needs a new door or door skin right off the bat. That would pretty much necessitate a paint job for the whole car to do it right. So I think - as is - this could be good driver and maybe not worth much more than the $10k high bid. But to get into top condition, requires some major $$. Most of the early cars selling for top $$ on eBay are 'needs nothing' type cars.
Oh yeah, the photos stink too! Cal. Classix could have sold this for $15k!!
-- Curt