Looks like the price has jumped up quite a bit on it. But from what I see, i dont know if I would put this in the "project" boat category. Am i missing something? Sure, it needs motors and exhaust, and some drives to get on the water. There are plenty of good "takeout" deals around for engines/drives.
To me, a project boat is a boat that has been gutted, and missing pieces, in need of wiring, rigging, fuel tanks, etc. Sometimes buying a boat without power may have its adavantage if the deals right. Me personally, I'd rather buy something that "I" can put fresh power in from the get go, rather than buy something thats "complete" and paying "complete" for the boat, only to have to go thru the motors that are tired right after the purchase. I suppose it can be looked at lots of ways. How many guys buy a complete running boat for 75k, thats worth 75k in the book, then 6 months later end up dropping another 20-30k freshening thier power.