Does this sound like a good deal?
yes
It will sound even better now. My father and I just bought the convertible and the 429 along with mag wheels. The guy also threw in a complete 1962 Econoline truck for free! They are also going to build a stand for the engine and haul the cars to my house at no charge.

1965 Ford Galaxie 500XL convertible (with a 390) and Mag wheels: $1500.00
429ci engine: $125.00
1962 Econoline truck, complete: Free

I believe that was a very good deal.

Thanks for all your help,

Justin