Thanks for the thoughts everyone!
Bill, you are right it is a 66, I don't know the engine but the owner did say it was a v8. It certainly will need a lot of work to get it where I want it. He says it needs air lines so who knows what else needs done with the brakes.
Mike, I had the exact same thought as you. There is no way I could spend $3,200 on truck #1 and have it like #2. Like I said, truck #2 is set up almost exactly the way I would want it, dump bed and all.
I do keep gravitating to #1 with its heavy build. I will keep you guys posted!