Definitely. Probably looking at a new seat cover ($50-100), some time working on the carbs (maybe $30 in parts, and a few hours labor), oil change, get it running, then worry about the cosmetics.
Luke M
Used to have a 1979 CB750L, sold it as a parts bike, now riding a slightly modified 1984 VT700C. Network/Field Engineer. Central OH, USA, Earth, Sol System, Milky Way Galaxy, Universe.