Frank, No way to really tell how good or bad a plane is from a picture. It may be a little heavy, but not out of the ballpark. It has a lot of good stuff with it. I would consider rebuilding the engine into a 1915, (no crank or rod changes necessary), or just replacing it. It is underpowered, unless you like 2.5 gal per hour of all the fun flying you can stand. However, if you were to decide on it, definitely go through the engine as it looks home made which is not necessarily a bad thing.
"There is a time for building and a time for GOING TO THE GATHERING, and the time for building has long since expired." See you in Mt. Vernon - 2004 - KR Gathering http://KRGathering.org See N64KR at http://KR-Builder.org - Then click on the pics Daniel R. Heath - Columbia, SC