I thought some of the comments above were a little harsh, until I saw the video. Definitely a fixer upper, not all original, and I would not pay that for that car.
After seeing the video I would say keep looking unless it gets down to about $5K and then plan on dumping time and money into it. He will be in for a few surprises when he tries to rebuild the Model B distributer on the seat in the video. That is not to say the B distributer might be a good choice for some people (I have one in my Model A).