This page will follow the progress of a 1979 Pontiac Firebird Formula which was purchased for a whopping $200.  The body is in suprisingly good shape, however it did not run at the time of purchase.
The engine is a 301 - 4 barrel (which eventually will be swapped out for a Pontaic 400) and a TH350 Transmission.
The following are some pictures of what the car looked like at the time of purchase:
 

                            Drivers Side View                                                                    Engine 1                                                                     Interior 1
                      Passenger Side View                                                                Engine 2                                                                     Interior 2
                      Front View                                                                              Engine 3                                                                     Interior 3
                      Rear View                                                                               Engine 4                                                                     Interior 4
                      Trunk 1                                                                                                                                                                      Interior 5
                      Trunk 2

As of 9/21/01 the car has ran a total of two times.

Parts obtained so far:  Shaker Hood plus scoop, set of SnowFlake Wheels caps and lug nuts.

Completed 09/30/01:  Front Rotors, calipers, wheel bearings, brake pads replaced on both sides.......
                 11/04/01:  New Black Dash has been installed, 400 engine out of a 1970 Pontiac Catalina purchased, Black Steering Column with Tilt and Cruise installed, 160MPH Speedometer 8000RPM Tack installed
                12/03/01:  1970 400 Motor is installed and car was driven for the first time under its own power...............

Update 04/22/02:  New Radiator support bushings were installed.  To do this the nose piece and fenders were taken off.  Here are some pics of the tear down.
 

                      Photo 1                                                      Photo 2                                               Photo 3                                      Photo 4
                      Photo 5                                                      Photo 6                                               Photo 7                                      Photo 8
 

Update 04/25/02:  Rear Leaf Springs and shocks were installed.  Here are 2 photos showing the car after they were installed.
 

                       Leaf 1                                                                                                                   Leaf 2