I picked this up about a week ago and i've done some work on it. First I stripped er down and hacked off some un needed subframe, then I filled and smothed the damaged tank and chopped up the front guard a bit. Then I modded a Z1 tailpiece to fit and gave the whole lot a coat of ansett 2k black. I also extended the lower legs of the rear shock by welding tabs on, which effectively raised the back of the bike by 60mm and gave some much needed clearance, and steepened up the head angle a bit.
I re shaped the seat a little and retrimmed it red (that was the only vinyl i had) but i'm gonna cut it down some more and trim it black, the red is a little garish for my taste! Got some lights from work and fitted them today. Chopaweeza is sending me some CBR wheels and then I'll do some polishing etc. and we'll be on the road.
Here's some pics: