looked like a freshly shaved and painted frame with a small block sitting tight inside it. large wheels says to me it may have a bunch of suspension work done to it, like notch/back half, air ride and links. 200 hours is very easy to have in something like that. an easy 10-12k in the frame alone.
but as we all know the insurance will fuck him. you never get paid for your own time put into something. he may get a nice check for 20k for the whole ordeal. fucking unreal