Faults:

A lot, unfortunately... but then I only paid $750 for it.

The seller was rather senile and had a serious personality disorder, so I should have known the guy was full of... carbon deposits ;-). He swore up and down it was perfect.

Gas gauge didn't work.

No exhaust pipe nor muffler when I bought it.

Still used original tire size (looked small), but yet the speedometer read 47 mph when going 55 mph. Also, odometer only turned 3 miles for every 4 driven.

Odometer read 63,000, but the truck acted like it was 163,000. Again, I believe the seller lied. Grr.

Horn didn't work.

Starter died.

The odd, obsolete "3-on-the-tree" manual gear shift lever got stuck occasionally in neutral (but acted like it was in two gears at once), and eventually it froze completely. I couldn't drive the truck let alone move it, so we had to haul it away on a flatbed. Needed a new steering column that the shop was lucky enough to find ($300).

Brakes were poor; you had to stand on them to slow down.

There were a few good points, though...

General Comments:

Not much rust!

The 2wd was worthless in snow, even with 300 lbs. of sandbags.

The lights rocked. The high beams were 3X as bright as most cars, and they were original.

As my first truck, it was always a surprise to me how WIDE it was. It made the truck look smaller from a distance.

The 8 foot bed was great, with tons of room - almost as much as in the engine compartment! You could fit two guys in there and shut the hood.

A very simple design. Not too many parts to go wrong, but somehow they all decided to break anyway. Ah, the good old days...