Picked up this rough old 1556 the other day for $75. Hooked a battery up to it, shot some starter fluid in the carb, and it fired right up. Not sure if it drives, as the gas tank was incorrect and very rusty, so I only got to hear it idle on starter fluid.
So far I've powerwashed the living crap out of it, and removed all the sheet metal for paint. Located a proper gas tank for it, still working on finding a seat for it, and I'll have to replace all 4 tires, as the AGs are completely trashed, and the front tires hold air but they're very dry rotted. I'm afraid I may need rear wheels too, because the one tire holds air, but the wheel has pin holes in it and leaks. Hopefully wheels won't be too hard to find.
Here's some pctures of when i picked it up. Hopefully I'll able to post up some pics of the progress. So far I have a gas tank and both side tins painted up. Still working on wire-wheeling the hood and fender pan. Trying to figure out how I'm going to clean and paint the frame, motor, and axle. Really not wanting to tear it all the way down to bare frame mainly because everytime I do a thing like that, the stuff never goes back together correctly.