yes that is one way to look at it!! and originally i thought the same.
however, i was just thinking another way to look at..
He buys the bike as a non running rust bucket, becuase he had one 30 years ago.
doesnt know about VMX mag or this forum etc etc.
'restores' the bike to his liking.
At least now the bike is saved from death (yes could argue it now needs saving again from its current form) and its a running rideable bike.
Has to be better than loosing another one..