Yes, I would definately say that is worth $20,000. I have two questions though...
1. who the hell buys a newer car and sinks $60,000 into it, only to turn around and sell it at a great loss when the $60,000 project is complete. I mean, did he finish and go, "hmm, not as cool as I thought it would be now that it's all done, I think I'll sell it on ebay and lose around $50,000". Thats just stupid, why didn't he stop before he had so much invested.
2. Why did he swap in an older 2.2 liter engine block that subaru stopped using in 1994 instead of building off of the 2.5 liter block that came with his car? Seems strange to me.
Also, did any one notice that under "vehical condition" he typed in big capital letters "NEVER raced, NEVER abused". Get real. No one on this planet does all those performance modifications and never gets on it. Just because he floors it every now and then doesn't mean it's going to break and no one will buy it, I wonder why he lied about that. He removed his cruise control, windshield washer fluid tank, air conditioning, and re-located his battery to the trunk for crying out loud, if he did all that really NEVER raced or abused his car, well, I'm sorry, but that's stupid too.