Holy carp! Somebody actually paid $1000 dollars and won this thing? (if you can call it winning)
Amazing.
Depending on the year and parts on the olds 455 plus anything else you get I bet you could part that thing out for $2000-2500 if you were close enough to pick it up easily and have the shop space to chop her up.
Wont make you rich but allright for a days work ..
I do it all the time on ebay
http://motors.search.ebay.com/_W0QQsassZhtrdlncn
Besides a 100mph boat that gets 12mpg for $1000 is the steal of the century..
Yeah, that JC looks pretty clean, and someone would like to have those trim tabs I bet.