Thanks so much for your kind replies.
The one that i'm buying, well, still thinking to buy, has high profile tyres fitted on Alloy rims. Also it has a 2c engine, so i guess ground clearance, and differential noise shouldn't be a problem. It's however, a non 4WD.
Indeed it has great looks when compared to other Willy's or Cjs, but then again, beauty lies in the eyes of beholder.
One more thing, any ideas you guys can give about the price of such a machine. Well, it apparantly needs no denting, painting or mechanical works, and the demand is Rs. 225k non-negotiable. I personally believe that it shouldn't be more than Rs. 175k. Would appreciate more inputs here.