John Steele has probably built a dozen cars in that Slate Gray over deep red combination since John Leader's car back in '02. I've always loved it and would totally ape it if I ever built again.
I think the car was well bought for $30,250. It's a swing-axle car, but it's got a camber compensator, adjustable spring plates, cross-drilled 4 wheel discs, the super-roomy tube frame, and has a 2332. A few changes (like ash-canning the Chamonix steering wheel and changing the column for something more period correct), a bumper delete, some re-doing of the faux-Fuchs (ala el Guapo), and that car would be pretty righteous.
I've got no dog in the hunt, but after watching that pan-based IM go for about 2.4x as much a week or so ago-- I think somebody walked off with one of the better BaT values of the year.