Michael,
I saw a couple of great T-Shirts this past weekend. The first one read: The  
liver is bad, it must be punished.....so I did. The second one had: "I hear  
voices.......and they don't like you".
My buddy Rodgers boat was more than a project boat. It had a huge hole thru  
the hull and had sunk. He purchased it as salvage from the insurance company 
for  storage fees. Today it's sailing and is worth around $4,000.00 plus the 
great  times we've had sailing on it together....priceless. For some people, 
it's  easier to absorb the total cost of a boat extended over the period of time 
it  takes to do the work. Labor for them is cheap, especially for a family 
man.  There really isn't all that much that can be catastrophically wrong with a 
R22  without it showing up almost immediately upon inspection. I'm still for 
the  rebuild.
Alex,
I doubt that there are more than a hand full of Pintos still on the  
road......and they all have explosive warning signs hanging from the rear  bumper.
 
Rummy