The frame is in pretty good shape considering the rust on the bed....
It has one spot that will need to be repaired for sure. But I'm going to be cutting off the rear hangers for the new suspension anyway, so I'll just fix it at that time. The rear bottom quarters of the cab could be repaired as well. I guess this is as good a time as any to learn to repair this stuff :)
I'm pretty sure that I'm going to be rhinolining or maybe POR-15'ing the lower 1/4 or so of the truck... so I can cover up any boogers