Is it beyond economical repair...??

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WOW!! Fire-medic, that's some amazing detailed advice. Thank you for taking the time to post. And thanks to everyone else too for their expertise and advice.

I certainly haven't given up on my Max yet. Despite its sorry appearance now (and it was a running, quite good condition bike before I took it to an *****), most of the 'damage' is largely cosmetic. The frame rust is surface only. I've yet to check bores for water but I'm hoping it's escaped that fate.
I hate throwing things out. Big believer in repurposing, restoring, recycling. Yes, time will be significant but I'm still leaning towards saving my Max.
Considering it only went in for a clutch and cosmetic work on the engine corrosion, it's turned into a much bigger undertaking...
 
1.Market value of your bike in good condition.
2.Make list of parts and cost estimate.(ebay) + paint job unless you can paint it.
3.Diagnosing big problems: seized engine, no compression, rusted frame.
I bought lots of ugly bikes, but they better be complete, otherwise you instantly increase price of the bike by cost of parts.
 
Sorry you bought it. I guest sell it or fix it. Not much choice here. Be brave and fix'er up is what I would do. I am saving my money to buy one. Best of luck.
 
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