Love those trucks! The later trucks just look boring.
Price on it seems pretty good, here in California that truck would probably be listed for at least $2k, especially being a V8. Heck if it were a short bed it would probably be listed close to $3k out here.
Rust is definitely a problem on them though, so make sure you take a good look at it. Especially since re-pop body stuff isn't always the easiest to find.