Mickey -
Know you and Ricardo (Impala) are Ferrari fans (F1), I appreciate your compassion.
The 246 was OK condition, body was straight but needed repaint and rubber. Engine needed a rebuild (engine bay splattered with oil - typical for this model) and the wheels were some aftermarket POS that I would have replaced with OEM if I could find (afford) them. So, it would have been another $25K on top of the $23K purchase. I didn't have that kind of disposable cash at the time.
So I went with the '81 911SC. It was in showroom condition and being a long-time P-car owner, it was a no-brainer. Gave that car to my wife who drove it for 10 years and put 200K trouble-free miles on it.
My buddy, who owns a Range Rover repair shop and does the work on my '91 Classic and '04 HSE, used to be the chief mechanic at Newport Beach Ferrari (SoCal). When I shared this story with him, he laughed Pepsi out his nose. He said "...the 246 Model was a serious POS, even worse than Range Rovers". He said the engine was crap and the tranny was crap and the electricals were crap.
I told him, if I had the money to do what that car needed - I would have BOUGHT it! I think you know what I'm saying!
Anyway, that's why I have this pic in my SOC file.
Peace - Out!