his looks almost revivable, but it looks like there's some neat things to be used on a MotoredBike, too...dig the rear-hub, imagine the whole assembly on a stingray style build. also, that tank has some real possibilities.
if you need a parts bike, maybe he'd be willing to talk barter?
btw-did you tease us with that frame in the background on purpose?
Ahh yes, the bike in the back. It's actually a customers bike that is near completion. As soon as it's done, It's full speed ahead on the new iRide Happytime bike. Here's a couple of better shots of what the orange bike will look like...