Taking on a project car....advice, thoughts?

BAH HUMBBUG!

There's an invisible man
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To all fellow Hypsters and Gear heads. I am looking for some advice regarding a project car. I have some time and money that I can slowly put into the car over time. If anyone could offer some input or their thoughts about taking on a project car I would appreciate it.

So far I have been looking into Challengers [but even projects seem to be $8k-$15K which is more than I was looking to spend initially. But I also like some stings 65-69 of various models, Camaros 60's, Coronet/Super bee and some others.

One I found somewhat locally I have taken a liking to, but I was wondering, how much of a project would this car be. Time and money wise?

http://sfbay.craigslist.org/nby/cto/2472330544.html

I would appreciate any and all help that anyone can offer.
 

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