Dont mean to bum you out man,but its reality..
I used to think I could just keep welding my trucks and cars back together,and theoretically you can--but after awhile its nothing but a pile of patches welded together,more than its the truck it started out as...eventually the frame gives out too,I've had to scrap a few trucks that had fixable rot on the cab ,etc,but the worth of it when done with a bad frame, made no sense to me to fix anymore..
.nothing lasts forever,especially if its made of steel,and not good steel--I've seen photos taken of GM's plants that had huge rolls of metal they used for the bodies and doors,beds,back in the 70's,lying in a pool in the flodded cellars of the stamping plant...you can do everything to preserve steel from the outside,but when its had rust IN its pores from day one,its a impossible task keeping it from rotting away..
Some trucks seem to hold up better than others,I have been pretty lucky to find a few real decent ones in MA,a rareity,sadly,I always seem to never get enough cash and ambition to do the preservation before its too late,and next thing I know the rockers are holy,the floor is thin,and the roof has holes appearing above the windsheild..I've had to watch my once decent trucks become rotboxes,while they get beaten plowing about 5 times over now..
I have yet to own a 88 or newer GM,I find them not as pleasing as the old body style,and few are in decent shape,the newer they are,the worse they rot in my opinion..
I'm not trying to discourage you from fixing up your truck--just letting you know what to expect later if you do,so you wont feel the same dissapointment we all did when we see rust returning,no matter how anal we were about "eliminating" it...it wouldn't be right to do what most folks here do,and scrap it,when you CAN get at least 5 more good years use out of it..if its worth saving,by all means,DO save it..
I've seen some really solid trucks get scrapped here,and I also see many rotted deathtraps still being driven (or restored) that are not anywhere near as good...or worthy of being restored--its a shame so many of the decent oned get junked because of title problems or people who were tired of "wasting money on gas "..and so many clunkers that should be in the boneyards aren't..