Yep, too bad about the damage. To answer your original question...no, I'm pretty sure that the dents won't kill you. You could single-speed it and make it live again, or let a good frame builder repair the damage. The paint would not be easy to match but not out of the question...if you did the paint yourself you'd be looking at maybe a hundred dollars in repair bills.
Not too bad, $200 and some paint for a good Tommy...