i was looking at it as well, did the seller divulge the reserve $$ ? I agree, rust could be a major issue....
[edited, follow up] i contacted the seller for a bit more info
"The bottom of the doors are rusted out and there is rust up into the door and window frames. The firewall has rust on both side in the spot shown in the photo, there is some rust under the lower front door hinges and surface rusting elsewhere. Other wise there is some rust inside the rear door openings where the seatbox meets the dogleg. The rear crossmember is rust free but it has been replace by a previous owner, the chassis is free from rust there is no rust behind the dumbirons at the front. The car came from a beach area so it shows signs of it. Please feel free to call me if you need more information"

