Gord and BC, good info and links.

Got it up on jacks. Saw some good things and so not so good things.
The good:
The front disc brake assembly and rear end assembly look to be properly installed. There was a little ding on one corner of the tranny pan but it wasn't bad and wasn't leaking. The exhaust looked good with dual Smithy's but for some unknown reason it doesn't have tailpipes. The pipes exit the Smithy's and hump over the rearend and turn towards the back but thats where they stop. Also seen the remains of the original wood bed with what appears to have all the hardware. Floorpans looked good. Other than a small leak on one of the tran's cooler lines and a loose clamp on the lower radiator hose, the engine, trans and radiator appear to be holding fluids.

The bad:
I found the trans cooler ty-rapped to the front axle and it was leaking from one of the clamp connections. It will get extended to up infront of the radiator. Saw a rust hole in the rear tranny cross member. I may patch it but need to inspect it more. Theres no parking brake.
The triple pulley harmonic balance only clears the front cross member by 1/4" to 5/8". It's so tight I couldn't get the alt belt (that was off and turned inside out) back into the pulley without jacking the engine up slightly and squeezing it in. The Alt was missing the lower through bolt that probably contributed to it being thrown off the pulley. I'm going to research into getting a dual pulley for the Alt so I can install the belt on the 2nd HB pulley and not have to jack an engine up just to change a belt.....

The ugly:
I can see how they lowered the front and rear, they removed leaf springs. Theres only 2 full length springs in the front with several spacer blocks to take up the slack. I don't think the spindles are the drop type but I'll study on that later. I can see adding some leafs back. The front short shock looks to be no more than 12" tall and may be shorter.
It appears they've "engineered" a 4bbl carb to a 1bbl intake.

I did get it started and running. It also moves and stops. Once I got the Alt belt on, it charged and the stock ammeter registered accurately until the belt snapped, The oil pressure, temp and gas gauges didn't register. No headlites or turn sigs but brake and parking lites worked. The "engineered" single electric windshield wiper was inop also.
The engine would fast idle and I couldn't get it to knock down to slow idle even though the choke opened fully. Even screwing out the idle screw didn't have any effect, will study on that. It would stumble and lose power when I tried to goose the throttle. It would accelerate if I slowly raised the throttle. Don't know if it's a leaky vacuum or something to do with that 4bbl. I found a complete 1bbl Rochester MonoJet in a box under the seat. I'm betting it was the original. I may go back to it but will get the Alt, cooling system situated and the trans cooler moved in the mean time.
The engine smoked alittle but may be due to lack of use. Didn't want to run it long without a cooling fan.
A few pics.
Pic 1
Pic 2
Pic 3
Pic 4
Running video