Should I buy this truck?

[mm1077]

So I'm thinking pretty hard about picking up this truck. Its for sale through an acquaintance for $1500. I don't really 'Need' another truck/project but I was thinking that this might be a too good to pass up kind of deal??

Its a 78 swb cheyenne 2wd that's been sitting in his garage for about the last 8 years only being started occassionally. Mildly built 350, only rust is on the fender/wheel well below the battery (I searched everywhere), body is straight and in pretty good shape (except the hood is slightly bowed), interior is 'okay' but needs cleaned badly and some trim pieces. The only real 'issues' that I noticed was the tilt column is really loose and the rear tailights stay on even after the truck is shut off.

Does this seem like a good deal for the 73-87 model? I'm pretty up to date on what the 67-72's swb go for but not so much on these years. Thanks!