The overspray doesn't bother me all that much, although I'd probably try to clean it up were I to buy the car! I will say that panel fit looks pretty decent...much better than on the other red Herald currently on eBay, and a fair bit better than my own! In the case of my car and possibly the eBay car, it's not always so much an attempt to hide problems as it is well-meaning but very poor attempts to fix them.
Like any other Herald, though, I would not buy sight unseen; it is critical to look closely at the car and determine for yourself the amount (or lack) of rust.
The rear camber doesn't worry me; many Heralds seem to exhibit a pretty obvious amount of positive camber in the rear. Sometimes it's nothing more than a spring crying out to be oiled as per the factory's recommended maintenance schedule.
Rob is correct about performance; this one (judging by the manifold) is probably the 40hp earlier version of the 1200 engine. But the car has the later chassis, so it's strong enough to handle an upgraded Herald engine, a full-spec Spitfire 1147 engine or even a larger 1296 (although, at that point, some diff. and other upgrades should be considered). Meanwhile, I've long found the 40hp to be quite adequate even for Interstate highways, so long as you don't feel compelled to challenge Dodge Vipers.
I'm a bit curious about the owner's (or a PO's) fascination with black paint, which appears to have been used over the original white rubber bumpers AND the wood facia! Again, to each his/her own.... /bcforum/images/%%GRAEMLIN_URL%%/wink.gif
IF the car checks out ok in person, I don't think the "Buy it Now" price is too outrageous.