Is it worth the trouble???? for the 1st time around

thanks for your help I found a 85 Regal T-Type
http://cincinnati.craigslist.org/car/252213142.html

It needs the freeze plugs replaced.. he has replaced 2 of them but 6 more need to be replaced. I wonder if this is worth the trouble any thoughts?
o No:

Please keep in mind this is my first project!!! you gotta start somewhere!!!

 

should find out if freeze plugs rusted out or frozen out.
if block froze there could be other damage to engine
could yank the old engine and drop in a buick v8 !!!
850 isnt bad price at all if its solid

 

like he said p

 

Wow!!! A 350 Rocket motor. I wonder if it's really a 307 with chrome valve covers.

 

Thanks for the help.. I started asking questions about the freeze plugs he never responded.. so I'm thinking it wasn't as good a deal as I thought it was.