Just drove it home which was a VERY interesting experience! The driver's side front air bag had pressure but the other three were decidedly flaccid. The good news is the engine runs great and the transmission feels solid despite the fact that the odometer reads just over 200,000 miles.
There are a few spots of rust but nothing too serious. The underside of the floor pan is solid, rust free and completely devoid of cracks! The interior has been thrashed and has a unique odor that spawned the moniker, "Stinkin' Lincoln". Imaginative, I know. I found $2.72 buried in the interior and a bunch of strange dice looking things, pics to follow soon.
The Stincoln (I like that!) will be used for solo 2, rallycross and the occasional trip to work. That and all-around beaterishness.
Known issues:
Air bags need to be repaired or coil springs swapped in - check
tires (I can see wires!) - check...kind of
sensors (It was running VERY rich and puffing black smoke!) - check (vacuum lines)
fix the fuel leak - check
fix the oil leak - getting there
fix the slight coolant leak - check
fix the power steering leak - ugh
^ Might be why the floor pan has no rust!
fix the fuel level gauge - it works fine...it was empty
transmission fluid and filter
rear diff oil
engine oil and filter - check (several times over)
air filter - check
fuel filter
steering wheel (There's some kind of tarry goo leaking out of the stock wheel. ) - check
alignment - check...sort of
endlinks for both sways - check
the passenger side front seat is broken - check
That's it for now. I'm going to head out and snap some pics then take a nap (3rd shift), hopefully I'll get them uploaded soon.