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sounds like a good plan to me! I think resisting the temptation to make it perfect, seriously improves the joy of ownership of an old car. Nothing more sad than someone who buys a survivor like yours, with a lot of big ideas, and then for ten years has a half taken apart project until his wife forces it sold!
I agree with you about rat rods being tastless - however, it is the cheapest way to get a project semi presentable if you start with body panels of 3 different colours, and lots of bondo, and have no painting facility. not something i want though!
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