Yeah, there is a little surface rust on the wheel but it is 10000000% better then the spare that I can't even get out from underneath my truck because the lock is rusted shut.
Anyways I believe it is in good condition, and a little TLC will make it a great wheel. The gentleman I bought it from told me that when he had these wheels on his truck, every year he would sandblast them in the spring. He didn't really treat them with any kind of paint or rust inhibitor.
I'll post a photo up later tonight or tomorrow.