Some of the talk reminds me of a house I didn't like because it needed some work, so my neighbor bought it, fixed it up, and sold it for $140,000 profit in only 4 months. It had potential that everyone else ignored.
I think the comments here may be a bit harsh. I'm a big fan of anyone keeping up the TR spirit, generating enthusiasm, energizing the sports car and parts markets, and keeping the cars in circulation--and on the road.
Someone might buy that car, put some money into making it more true to its heritage, digging in with open eyes, fixing hidden problems, if any, and love every minute of owning it, driving it and looking at it.
As we all know, wonders can be done with these cars, and not always at great expense. The key is to buy carefully and know what you're doing.