Post some pics: under the hood, the interior, undercarriage, all around the body and let us give it a critique. For that kind of money the car SHOULD be near MINT. I've also heard that the 350 is a motor prone to rod bending. I have never owned one so I can't say from personal experience. I'm sure someone else will chime in though.
EDIT: I'm glad to hear you passed on the first one. It's hard not to get too excited when you see something you like.