I would just make sure you don't end up spending more than just buying a working/complete specimen. A black standard (albeit with some finish wear, and modded with a Supertone) just went for 1100 shipped. Seems they are running in the 1100-1300 range. This project at minimum would probably end up in the $800s, given what you'd have to pay for the body, labor, hardware, pickups, electronics, pg etc... Doesn't leave much of a margin for bidding on that carcass.
It'd still be a cool project, though, and allow for some personalization... so good luck if you go for it!