Thanks for the comments guys.
Here are more pics. Its powered by a 389 ci inline 6, It has around 140 hp with 3 mpg. As you see it I bought it for $8700. In that price I got a brand new engine in the crate from 1961. The engine was a surplus french.
I had to buy NOS tracks due to the age of the current ones (plus one snapped) They were 1295 each. They are from Israel in the 90s when they still were using halftracks in the military. Its amazing what is still available new old stock and whats being reproduced.

As for the question of street lic. It can be done, and in many States and Provinces they are. Rubber tracks help

Here is the link to photobucket. I will be posting pics as I build it.

http://s1093.photobucket.com/albums/...ealpacas/M2A1/