I am a little over 2 months into my TR6 ownership, and I've bitten off a huge project >_<
I managed to get it to pass inspection, but it really needs a new frame. The price I paid for the TR6 was very reasonable, with neither the previous owner nor myself catching / knowing about the real bad spot on the frame. It drives fine though and it's wicked fun. Before I knew about the bad frame, I went and did the two "comfort" projects for my driving, and replaced the seats, reupholstering a pair of miata seats, and I upgraded the sound system / speakers, because I love listening to tunes when I cruise around.
I've priced out what it's probably going to cost to fix it up right, doing the work myself, and right now it looks like I need to scrounge up a loan for about 8000$ for a new ratco frame, shock in coil conversion, new brakes, lines, calipers, etc on all 4 wheels, and new sill panels and rocker pads.
Still, if I do all that work, I'll be 11000 into the car and have a pretty darned nice one. I bought it as a driving restoration project, it just turns out that it's more of a project than either myself or the previous owner thought.
I'm going to just enjoy it from now till winter though.
Here's the car when I bought it, with it's 30 foot paint job... it looks ok from 30 feet or more, when you get closer you see how bad the paint is crazed / crackled =)
After I got the miata seats in it last weekend
EDIT: Me spel guud!