He spent all that money on the conversion but still has the SOHC motor
yeah..i guess it depends on what he meant it to be used for. if he just wanted a bimmer, then he wasted his $$. but if he is sporting it around shows, then it might be a good investment (although its not exactly a great conversion job) good, clean conversions score high with judges. it's so much more than a simple body kit or euros and what have you...win a few shows and you're getting $$ back on ur investment.
imo though, his conversion needs some work.