I'm currently enjoying it in its unrestored state with plans to restore it over the next couple years.

Please check out the month links below, with details and pictures added as the project moves along.

Date	Odometer
May 2006	x36973	Bought car. Initial cleanup and fluid changes.
June 2006	x37215	New water pump, tachometer, hoses, valve adjustment, general tuneup.
July 2006	N/A	Carb rebuild, more hoses, electrical work, brake rebuild, clutch work.
August 2006	N/A	Nothing yet!

Some info on the 123GT:

Australian Sports Car World Road Test Feb 1968
Schweizerischer Volvo 123GT Club
Mint condition Volvo 123GT #1
Mint condition Volvo 123GT #2
Amazon 2 door registry