You can read a little more about the transformation here....
http://www.usoc.org/11796_27251.htm
It wasn't exactly a classic GTO: 1970 Powderblue. However, the final product sounds like it's pure Foose... Basically a "Year One" make-over with all new running gear, new interior, custom wheels, yada, yada, yada....
I've caught two or three of the shows by accident late at night (Chevelle, BelAir Roadster, Ford Coupe). If you ignore the stupid hosts and follow the build the Overhaulin series isn't all that bad. These are some of the best in biz who show you what is possible when you have unlimited funds...
Hopefully they'll do a better job of making it cool without going overboard and turning it into a streetrod version of the POS OCC chopper. However, since TLC is just another part of the Discovery Channel it's doubtful that this will be anything but another part of the Discovery deal with Armstrong.
Parting shot: What kind of an idiot would spend $15k on a POS '70 GTO in the first place?
A. A reality TV show producer
B. A pop singer who likes to piss away money
C. Any other spendthrift who doesn't know squat about cars