Interesting car, but don't think he was ever misleading. I'm guessing anyone who has the sort of dollars he is chasing, would read the ad as it was written.
Can't fathom his reserve but that engine is not cheap. As original ZL-1s have started to pull silly prices the Yenko blocks have followed. That plus what he has put in it makes it a expensive motor.
Still can't see how a Yenko engine, plus 4sp BB 69 Camaro makes $100k +++. But then again i can't see how GTOs and Z-28s have leapt out from the rarer muscle cars the way they have.