For us on the east coast a good rust free hood is worth around 300 IMHO or more. He didn't say that the engine and trans wasn't going with the truck in his ad.
There was a few other trucks that popped up on Atlanta CL yesterday.
http://atlanta.craigslist.org/cto/877896522.html $1800
http://atlanta.craigslist.org/pts/877226271.html $500
http://atlanta.craigslist.org/cto/877134268.html $500