I went and checked it out.
The truck has new steering arms and a new master brake cylinder. It drove pretty well. The transmission is not original, but it shifted very well. The AC and heat work great. The steering was not loose.
A few surface rust spots on the bed, bed rails, and one spot on the hood, but nothing that I wouldn't be able to fix pretty easily.
My only concern is the belt squeals. I don't know if it needs to be tightened or what. It does it right around the alternator, so I don't know if its the belt or the alternator itself.
The engine itself seemed awesome. It accelerated great.
Any thoughts on the squealing? If it can be easily fixed, it might be a good buy at $2,800.