Chris, I'm pretty much in the same boat as you. I waited until 48 to get my first "hot rod." I stacked the deck a little (alot) by getting a turnkey from one of the best builders (Carey Hines from Special Edition) and abused the fine folks on this sight for specification advice. Other than the fact that the Speedster has always been my dream car, I was also attracted to the fact, that, mechanically, it's pretty close to the original. Structurally, mine is stiffer, lighter, and won't rust. The powertrain is better, and all of the parts are new and easily replaced. The car couldn't be more basic or robust. I've learned to change the oil, adjust the valves, change the plugs, and adjust the clutch cable, so far (as well as a couple of minor start-up repairs). Lane is right, I don't have the pride of building it myself, but I do take pride in learning how to to keep it running. You have to approach it as a hobby and, as John Muir said in his book "with love." The folks at this sight have already uploaded lots of good info and if you lurk on the board, you learn from others issues and everyone is always eager to help with your issues. Through the board, I met my friend Bill, who is a long time Porsche mechanic in my area who drives a Speedster and has been of infinite help. Take the plunge. You can do it and you will have lots of help! Buying this car is like buying into a family.