Thanks everyone for their feedback, the dirty deed is done. for $300, the previous owner even delivered it to my place, about 30mins away from where he lives.
The good: 144 xxx km on the odometer, runs smooth and clean. Exhaust is less than a year old, brakes about 2 years old. He's given me a few year's worth of service records, and it looks like he kept pretty good care of it
The bad: Rust. Not too surprisingly, I'll have to repair the rocker panels some, and right behind the front wheel wells.
There's a slow fuel leak in the line, but I can see that it's been patched before, so I'll start with a new chunk of rubber hose and see if that helps.
Also, needs new tires all the way around.
Once I get it safetied and on the road, let the ecomodding begin!
-Greg.