If it runs then its a awesome deal. If it can be made road worthy for less than a $1000 then its a great deal. Heck its a good deal if you take it and part it out. This is the free bike that I got 2 years ago. this is after I assembled it too.
And here it is 2 years later
22/m
1980 Honda CB750
1972 Oldsmobile 442

And here it is 2 years later

22/m
1980 Honda CB750
1972 Oldsmobile 442