I used to be a diehard Barrett fan. The last time I watched it, it seemed to have turned into more of a circus. Less about the cars more about listening to the bidding and just the overall craziness. Then I found MECUM Auctions. They talk about the cars in depth and the bidding isn't the forefront of the show....... Also, during the 1st day of the auction there are a lot of cars for the average Joe. Lots of sub $20ks that look darn nice. Even sub $10Ks.... So I haven't watched Barrett in a few years.
As a whole, you're usually better off buying one completely restored than building one. Unless you have the talent to do a lot of work yourself. A lot of guys have way more into their cars than they could get out of them. The problem with auctions, especially Barrett, people think, "I saw a '70 Chevelle go across the block and sold for $80K. I have a '70 Chevelle so it must be worth $80K too". People are trying to get crazy prices for their cars.
I'm guessing they're at Scottsdale?