Okay, I've been working on the new property day and night and haven't been able to do much with the car, but I have decided to buy it. The ignition wires were so old on the engine that they literally broke when I pulled on them, along with some very cruddy plugs. I did a compression test and got readings from 115-130. Not great, but considering it was cold and probably the first time its turned over in many years I'm fine with those numbers. I pulled the wires off of a spare M30 I have, put some new plugs in, sprayed some carb clearner in the carbs and it fired! Yay. There's still no oil in the engine so it only ran for about three or four seconds, long enough to know that the engine sounds good.
Next is to pull the pan and have my friend weld it up so I can put oil in it. Oh yeah, I also bought an AirLift Performance air suspension that was on a Lexus that came in. Front and rear struts with bags that are very close to the size on the E3, plus the rest of the system... compressor, tank, etc. I wouldn't have looked for air suspension except that a nice system landing in my face. What the hell, might as well have some fun with it...