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Good Deal?

Hey everybody, I was at my local music store today and I found an Epiphone body and neck that was in great shape for $40. It was bare except for the fretboard and the machine heads.

heres what it looked like minus everything not noted above.
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So my questions are... What model is it and is $40 a good deal?
 
So that means you'd have to purchase Pickups, a bridge, pots and wiring, strings, pickguard?

I'd pass, the headstock is fugly and IMO won't end up being a cool enough bass to have put all of that effort into.

But I mean, it's your money and time so...

Let me ask you this, Would you buy that bass if it were whole for around $200-250?