Well, on the upside on those tires... doesn't look like the previous owner really thrashed the bike to much. He definatly didn't lean it into the corner much!
Yeah, the aluminized side covers definatly look a little out of place, but really thats the only thing I see that looks 'wrong', and even then it's not bad! They look to be in good shape too, thats incrediably rare. $1500 looks like a steal!
Rob's right, that D&D in CF looks great. Hm... I know they make CF sheets that you can apply to things, I wonder if they make any that can handle exhaust temps? My Yosh would look good in CF, I think.
Man, I love those old stangs... Thats a sweet one, give your roommate my regards! If I had the cash and somewhere to park it, I'd go out and by myself a 66 or so and drive it around, wouldn't really care if it burned oil and the springs in the seats poked my butt. It'd still be an old Mustang