Yesterday involved a similar idiot over this Benotto, arranged through a LBS:
I was willing to give the seller $100 - sight unseen - mainly for the Campag bits. The seller wouldn't discuss price until he brought said Benotto and a Grand Prix to the shop, so a meet was arranged. The seller came earlier than expected, left before I arrived, and requested $500/ea.
I took one look at the thing up close, and said that I would have personally thanked the seller for being such an ass, had he been there. The chainstay chrome is almost entirely rust, the fork is no better, the seatpost has enough oxidization that it probably won't come out, and the front Super Record caliper has a whole bunch of random nuts and washers holding it together up front.
Oh, the quick releases are Campy - and the front ones looked as if it had been lost in a river for a few years.
-Kurt