A couple things about this bike. Looks like a great second or third bike for someone into the era like me. Not really sure WHY he threw in an XT headset vs the SR but only cuz it kills the complete group... I personally think it matches pretty well and probably a good bit more durable being a mountain headset and all... A couple little areas of surface rust, I think they look great against the paint, and I have mixed feelings about the wheels, but the bike is way to small anyway so who cares what I think.
EDIT: and it appears this guy is a DYI'er without the tools judging buy those looong uncut cable housings that are both routed behind... I'd give the whole bike a rebuild
Check these nice photos, this is a "Good" ad