Today I had a few hours at the shop, so I applied the Eastwood Rust Encapsulator (
Eastwood Co. - Rust Encapsulator). It's basically paint, but really thick good paint that's meant to prevent/cover rust.
Lesson learned: cheap wal-mart foam rollers don't hold up well to this stuff! I used 6 rollers and 3 trays, and a whole quart of encapsulator on the interior only using two coats on the floor pans (and the rest was coated once).
I spent about an hour on each floor pan just rolling it in thickly, another hour or so on the top decklid area, and maybe an hour under the dash (repainted it all black), quarter panels, sides and pedals. I also re-coated the e-brake handle and shifter base.
It's still got a few hours before it's completely dry, but overall I'm very happy with the results.
Keep in mind there's still going to be carpet, floor mats, seats etc.
Driver quarter panel interior:
There's also a vinyl cover for this (and seat bottoms, carpet, etc).
Through the dirty back window you can see the deck area (it's covered in a large vinyl pad that I need to clean up still):
The pedals are a nice improvement, but the pic didn't come out so well...
I am going to have the seat adjuster rails sand blasted and powdercoated next. With it being a weekend and Monday a holiday, it looks like I'll have to install/remove the seat once again in a few days. I think I've done that about a dozen times already.