I'm not anti C body or anything, but that things days are over; the small block and rust guarantee that it is a parts car at best.
What to do with it? Depends how much energy you have. Me, I'd try to convice somebody that they should have it for parts. The nice thing to do would be to save the good stuff from the crusher, but I couldn't be bothered.
I have to say I'm a little surprised with all the "sell it to a C-body fanatic" responses, 'cause then HE is faced with the same question: response A leads directly to response B! Nobody is every fixing this car and to think otherwise is a little naive I think.
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Dave