Welcome

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Doesn't look too bad. Get it's a noises bugger with a straight through pipe like that though. Theirs loads of top people on here with loads of mechanical knowledge. Unfortunately I'm not one of them, but there may be one along soon...
Have a search of the forum. As I'm sure you know, sv's are let down by the suspension for many and are raced by lots. So there's plenty of info about.
I've heard it said before that the crank is the weakest part of the sv engine when tuning. This becomes a problem past 80bhp apparently.
Cheers
Oli