I acquired this plane this past weekend. Have put about 5 hours on it so far. Flies straight, true and pretty similar to my '68 150H. Has some minor squawks and obviously, needs some paint; but, so far, I am pretty pleased...
Fellow moderator Chuck Hanna has a homepage dedicated to early model 150's:
http://150cessna.tripod.com/ Lots of great info on that page, as well as this club.