I bought this as a well started project about 12 years ago. It runs great but it's not really a hot rod. I installed a 305 SBC and a 700R4 because I used it as my 70 mile a day commuter when I was still working. It's still my daily driver.
One way of passing the test is to have a hand in building an old car, driving that car for many miles as the daily driver, and still having a nice looking car to show off.
It looks like you passed the test.