Univega aluminum 706 with downtube dent. Project worthy?

Thunderchild

Old School Hero
Recently acquired this potential project Univega 706-X (double butted aluminum tubing) for next to nothing, $40. It was worth it just for the fork, XT v-brakes, grip shifters, rear der. wheels(hubs & tires; rims are shot) and handlebar. Frame has a serious downtube dent. The water bottle cage is bent probably from the same event that dented the downtube. It had been stored for awhile, so I think the dent happened in storage. Otherwise I haven't found any cracks or other damage. Will have to remove a bunch of stupid stickers. Stupid sticker standout: A Pepsi sticker on the seat stay brace??? The person who put the pepsi sticker on it should have to sleep on goat head thorns for a week.

Take a look at the pictures. Post your opinions. Do you think the frame is a wall ornament or project worthy? Not sure I would trust it to ride. Could it be reinforced? Do have a local aluminum frame repairer.

Late breaking bonus! While looking it over I noticed two Potts Lubers that I had missed when I picked it up. 8)

Thunderchild
 

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Well I spoke with a friend who repairs frames (he has repaired two of my other aluminum frames) he thought it might fold more like a crumple zone at the bend from braking stresses, etc. So it is RIP for the Univega.

Thunderchild
 
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