Nice find. got more pictures?
I also got a 2000 cruiser 3 months ago. Register at forum.ih8mud.com to get great information about cruisers.
These 100 series cruisers have loose front-end drive train. Currently, I have lowered the diff and found nothing wrong. It is the old CV's and flange at the wheels (no 36 mm nut at the end of the CV so it is moving and wearing out the flange) that seems to be the issue.
Also get two new T-fittings on the heater coolant lines (located by the firewall)
You have VVTi engine so getting the cam oil seals is not fun. The motor is interference so get the timing belt done if not done in last 100 K miles. I went with AISIN kit that has Mitsuboshi timing belt, AISIN water pump and Koyo bearings.
Other than that this thing is a beast! Lots of power!! Enjoy!!!