To define the "as is"...
It was my daily commute for a year and a half. The previous owner had turned it into a track car so the interior is pretty stripped out/lightweight. It still has all the dials/controls etc and everything works other than the AC but most of the buttons are free hanging. It has lovely Oz racing wheels, coil-overs and drives superbly.
The bad parts...
Obviously the rear beam as shown.
The airbag light is on (due to the racing steering wheel)
The front passenger wheel went over a speed bump a couple of days before the rear beam snapped so there is a wobble there which I have yet to fix. (The wheel and tyre look fine)
Its easily the most fun car I have ever owned