Does it come in a box with glue and a set of instructions?
I reckon you could do anything you wanted with that one without criticism from anyone here, Ambrose - given the condition of it. Perhaps even cover it in snakeskin..........
As a project, it certainly leaves a lot to be decided in what direction to take.
You could use some bare bones & have the rest built to be your dream guitar by Dale or Paul & still be able to call it a Rick, but it wouldn't be cheap.
Or perhaps a test subject to learn luthiery. It couldn't be in much worse shape.
That is a workable project. barely. I have some doubts as to it's authenticity though. No matter, it can still be a cool guitar.
It all depends on how much time and money you have. In the end, you will have invested far more than the actual worth, and judging from the condition of the parts, it will not ever be 100% right.
The question is, how much do you like doing projects?
I built an Allen Amp kit and it sounds real good. I never play through it because I have other amps I like better but the experience of building the amp and hand wiring it was really cool and worth the price of admission.
It looks like the real deal. And it's a lot of work, but repairable. Kevin's right--it wouldn't be cheap.
“I say in speeches that a plausible mission of artists is to make people appreciate being alive at least a little bit. I am then asked if I know of any artists who pulled that off. I reply, 'The Beatles did.”
― Kurt Vonnegut
The wavey edge around the control pocket and lack of consistent wall thickness around the edge of the body, especially near the control cavity, look like some hack made them. Not at all what I'd expect from a manufacturer. That's why I question the authenticity.