Is it worth it?

Looks good to me. I have seen a lot worse that turned out to be really nice cars when they were finished. It does take time and money, but looks like you would have a great base to start with. I would be concerned about the motor as someone else had stated. Is it free to turn over by hand or locked up? There are plenty of motors around, if needed, but are you willing or able to do this type of repair. Good luck, Love to see the early Barracuda's on the road again.