Unless you're looking for a major project, no. If you're looking for a race car it sounds like a great start. I bought a 69 SS that had been a race car since day one and retired in 92. I had the same ideas as you about making a street car out of it. Yes it had all the original metal except for the fiberglas hood and it was really straight because it had been stiffened up with the cage and frame connectors and solid bushing right from day one. Problem was interior was completely trashed, holes drilled everywhere, suspension was heavily modififed with coil overs, ladder bars, a-frames had the adjustable travel limit studs welded in, ect. To start I don't believe a cage is desirable in any street car, cutting that out and making it right would be a major project. Whenever sparks fly inside the car you'e got to protect the glass and remove everything else. Besides that it had great paint, but it was a drag race paint scheme ( my wife calls it clown paint). The 5.13 spool this car had isn't something you want on the street. Don't get me wrong I've run 4.88s and I'm not one of these guys that'll tell you to stay under 3.73 for street use. I don't believe in that if you want your street car to run decent you've got to give it some decent gearing, but the spool isn't something you want to run on the street. Finding all the heater parts and replacing everything right down to the dash instrument carrier. Since I had just completed a frame off on a 68 RS, I wasn't in the mood for another major project, so this car I sold after owning it only 6 months. It was a beautiful car on the outside, but don't let that distract you from the rest and how much work you're opening yourself up for.
Sounds like a nice car, but don't let your emotions trick you into thinking you're not in for some real work to convert it. Maybe once you get it you'll decide to leave it and enjoy it, sounds like it would be fun as it is.