That's pretty much my stance.
If it had factory cruise and a/c, I'd probably jump on it.
It is a very solid Jeep.
The hood has flipped back while driving and dented the hood and cracked the windshield, and the fender has bumped something.
The interior has had the floor liner gutted and bed lined, and the liner has peeled away, and there is no center console, shift boot, or kick panel under the steering wheel.
I'm thinking it'll take at least $3000 to make it a "nice" Jeep, and then I'm still stuck with no cruise or a/c.
On the other hand, I recently saw a 2004 model that was perfect with 72,000 miles with a 6 cyl, 5 speed manual, cruise, a/c, and a hard top for $10,200 asking price. I haven't called about it because it's over $10k.
Still, it is a really nice Jeep without needing any work. It even had new tires.
It was yellow, but a yellow Jeep with black hardware is pretty badass, IMO.