Thank you all for your replies, I appreciate every bit of information you've provided.
Joe: I've read through a lot of that website in my pre-purchase research, seems to have a fairly small amount of information regarding the GT model, it shows what extra was included in it but not the production run or anything like that I can find. In your search for one have you come across anyone willing to sell one and for how much? Before I throw a lot of money at it getting all of the rust gone and replacing old(er) parts I want to know if it's a worthwhile investment and if it'll continue to appreciate in value if I do put the time and money into it.
Bill: Thank you for the information about where to look for rust spots, I have already purchased the car but I'll make sure to give those a twice-over before I declare it mechanically sound enough to put on the road. The doors don't look too bad, but the door frames are starting to see some rot at the top of them, but from all that I could tell between scraping with a screwdriver and knocking on the metal it seems solid enough to grind down the rust and put some new paint on it to stop the rot. I'll check the hinge pillars when I pick it up tonight, and will check all suspension linkages and mounts as soon as I can get it up in the air. If it's too bad I can actually scrap the car for almost what I paid for it, so I'm not losing out too much either way. I am kind of disapointed to hear about it's handling issues, I was hoping to hear "great handling, really fast car, you can take it anywhere" but I will keep all of that in mind as I drive it. I have little experience driving in the snow with RWD so it will be an interesting winter for me, but I figure it'll help me gain experience.
Also, I don't think mine's quite that pretty, missing the huge scoop, drag radials, and the fresh looking paint

Nice pic though.
Edit: I just noticed the license plates on the car (was headed out to class before I typed that last post so I was in a hurry) are NY, does anyone know where in NY this guy lives and if there's a way to get in touch with him for more info and his experiences with this car? I live in upstate NY, that's why I'm wondering.