Yeah, I've got a gazillion things on the *wants* list and several items on the *need-to-do* list. I believe the *needs* will outweigh the *wants* for the time being.
As Peter and Ryan found out, buying a low(er) time aircraft has it's drawbacks, no doubt. Given the higher engine time, this plane was probably worth more in the 14k-15k range, not in the 22k range the seller was asking. Also, the seller seemed to think there had been 2 owners but, to his dismay, we found 4 owners all total. This included the original dealer for the first 2 years. (Makes me wonder "why?" for 2 years...trainer, demo?) I'll be #5. This and a few maintenance issues left some very good negotiating room.
As far as the mechanic could tell, he couldn't detect any corrosion on any of the spaces he opened up. Hopefully, (cross my fingers) this will hold true throughout the entire airframe. I can only hope. I'm just itchin' to look under those fuel tanks and thinking about Wayne the whole time.

Some of the *minuses*:
Compass fluid low.
Lower panel plastic has 1 crack.
Throw-away Slick mags.
High engine time.
Minor rash on the lower half of the gear/airframe.
(Grass strip, maybe?)
Paint needs help.
Logbooks complete but not detailed.
NDH? None documented, although we have our suspicions on one outboard wing skin.
No built-in intercom or PTT switches
Oil Screen only
Flown 10-15 hrs. in the last 2 years

Gross weight of 1600 lbs.(bad news for Jabba-the-Hutt)
Not 14k (wish it were, though)

As for the *Pluses*, these are what rated in my observations:
Low(er) airframe time.
Complete logs, just not detailed.
NDH, (debateable?)
No hail damage
ALL compressions in the 70's
Upgraded, from original, radio & Transponder
Clear orig. glass
Good tires, wheelpants & brake fairings
Regular oil changes
No oil leaks
No visible dents in the metal
NO RUST (that was amazing!)
Original interior, no cracks, tears or broken plastic
Seller didn't try to hide defects or skirt any issues. This was a *BIG* plus while I'm trying to gain additional knowledge and the history of an airplane.
I've grown to absolutely despise the answer, "It was like that when I got it"... As if that's supposed to be the magic, get-out-of-jail answer.

I'm sure I could lengthen both lists but y'all get the idea on what I was looking for. Perhaps someone could point out a few items I missed and
should've looked for, you know, for the next buyer in this club....

It does look like I'll get 2 headsets, a portable intercom and a II Morrow something-or-other piece of electronic box in the panel, too. Uh, I think some of that may have to go.
Any suggestions? advice? thoughts, for the morning after?
Bengie