i always liked the idea of using a school bus as a vehicle hauler. around here, the prices i have seen seem cheap to me for a pretty nice, somewhat low mileage starting point.
as i have had the "privilege"[ laugh2] to drive trucks with auxiliary transmissions, the ones where you loop your arm through the steering wheel to shift gears, the "low or under powered" statement might be a moot point with a two speed rear axle.
however, most buses now days are equipped with automatic transmissions, and i don't know if a guy could retrofit a two speed rear axle to one of those or not.
beer