I really like the lines on this model. Obviously it's a project, but dirt cheap. Do cars rust down there? http://littlerock.craigslist.org/cto/4528481598.html
429? Interesting for sure. I think most of them were 400's. Can't help but wonder what happened to the right front fender?
Looks like a rough 20K miles. Needs more photos and some of the interior. Yeah, southern cars do rust... not because of salt on the roads in the winter, but high moisture. The southeast is quite humid and receives a lot of rain... even the winters can be humid.