ssatellite,
Looks like you might be new to the Monty world. Read around on this board. I would not rule out a vehicle with that milage but price must be right. I hear that the transmissions are good. I bought a very average maintained vehicle (no records) with 163 thousand and did a compression test before timing belt and valve stem seal replacement. Lowest cylinder was 175psi. You will likely need to do a timing belt and seals yourself. If the rings are bad it is not worth it to do that necessary engine work, or even to purchase, unless you have re-build skills and the price is right. Less than what you were saying. Engine rebuilds are never economically a good deal, unless you can do it yourself, or it is a vehicle with which you have a relationship. Your baby set up right in every other way. If you get smoke when you romp on it under load your rings are starting to go. I'd pass on that one. I was impressed with the quality of the bottom end (block casting and rings). They appear to hold up well. Only beef is the valve stem seals, funky coolant routing, and massive intake plenum that blocks the crap out of everything. Not deal killers.