There appears to be rust.  The engine turns over.

“I have been in the process of getting this jeep restarted. It has a good engine which turns over well with the new starter and battery. It has new plugs,wires, distributor, voltage regulator and a completely rebuilt carburetor. Tow bar, whole drivetrain (both axles,tranny, transfer case & drive shafts appears in good condition. Front Grille and body is good rear body is rough. I own an automotive shop and don’t have the extra time to spend continuing this project. I’d like to find a good home for it. It has original radiator, oil filter housing, air cleaner (oil bath). It has a new key start switch and coil. Email me with any questions. $1100 or best offer. I have over $1500 in it. Thanks for Looking!”

http://atlanta.craigslist.org/eat/cto/3186490987.html

There’s plenty of work left on this restoration.

“1946 Willys CJ-2A Jeep. Restoration started. New brake shoes & cylinders, drums turned. Professionally rebuilt carb. Authentic radiator, seat frames, & air cleaner. Body needs work front clip off. All gauges work. NDT tires. Clear Title.. $3000.00 firm No trades”

http://asheville.craigslist.org/cto/3194841992.html

UPDATE:  Still Available

(09/09/2011) The engine must have been rebuilt recently.

“Less than 50 miles on rebuilt motor. Comes with Western snowplow. Needs new top. $3500 obo, please call Steve at 970-389-6666. No texts please.”

http://denver.craigslist.org/cto/3188851714.html

UPDATE: Was $600.

This looks rough.  Unclear if there is much value here.

“i have a 1946 willeys jeep with the flat head motor the motor is lockd up at this time but over all the thing has patenial if you know what this is than you know how much of a beast this thing can be.”