It all depends on what you want in a boat. If you're looking for a race boat, there are many other hulls that would require a lot less "work" to make fast.
If you're looking for a family hot rod, there are many other hulls that will give a better ride and a lot more room for passengers and gear.
If you're looking for an impractical, harsh riding project boat you might have found it.
From what I can see in the pictures... even if you can do all the work yourself, you'll have more money in it than it would cost you to find a more complete running boat.
That's my opinion and I own one!