Ok, between the warnings from John and others, along with the notorious Lucas electrical legend, I scrapped the spitfire idea

I guess the only Triumph in the garage will be the speedy.
For the curious, I wound up getting a '73 VW Super Beetle that was in excellent all original shape (except for paint) and not a speck of rust. Gawd I just love the smell of old cars in the morning!
Cheers,
Brad