I've always thought the 2 in 1 version was a pretty fantastic buy. Stock wheels and tires in addition to a nice set of deep chromed steelies with baby moons, teardrop taillights, and a spare 327 Chevy mill to use somewhere else.
That red box art version is so wonky, no wonder people didn't jump to attention upon its release (or re-release)! It looks nothing like the actual kit contents (thank goodness). It certainly wouldn't catch the attention of modelers previously disappointed by the sedan version's severe shortcomings.
I remember receiving this kit as a gift and thinking "oh well, I guess maybe there will be some good kitbash parts, but the body is trash" only to discover that inside the box was a perfectly acceptable '34!
Determined kitbashers can tweak the front fenders, hood/hood sides, and a few other little areas to get a more accurate version. The kit has tons of potential, and your example is a stylish one Tim!
*edit* and I love that stocker, Bruce.