1976 Chevrolet El Camino: Full Restoration Project or Donor Truck?

The El Camino holds a unique place in American automotive history. Conceived as Chevrolet’s answer to the Ford Ranchero, this car-truck hybrid was a pioneer in the ‘ute’ segment. After a three-year hiatus from showrooms, the nameplate returned in 1964, this time riding on the midsize Chevelle platform, a layout it would retain for over two decades. This specific 1976 model year example has recently surfaced on the market, and its current state prompts an age-old debate among enthusiasts: is it a candidate for a dedicated restoration, or is its true value now as a source of parts for another project?
What do you think?