Well since I posted this question:
I managed to get a 777 VDY.
I spent about 5 hours dismantling the thing. I hand cleaned every part and polished each fret. There was corrosion on the pots and many rusty frets and screws. After all that, I put a nice coat of bore oil on the neck and added a fresh pack of strings. I've got the thing in fantastic shape.
It sounds great too. I think I like the PAF pros better than the Evo's in the 7Vwh. They aren't as bright. The neck is better on the VDY, but the AANJ on the 7Vwh is nicer for upper fret access. That was a good move on Ibby's part.
This thing is as close to perfect as I can get it. I was relieved to see that there are no neck pocket cracks that are typical for these guitars. The only issue with the guitar is the body paint isn't "neon" anymore. From what I am told from the guy I purchased it from, he got it from a guy in the Caribbean. The case has water damage. What I think, is this guitar had been played very little and was stored in it's case for a long time. I think the extra "humidity" may have caused the dye from the pink fabric of the case to leach into the finish. pink + neon yellow = dingy mustard/ Tonka truck color. The mustard color doesn't bother me. What does is that the head stock doesn't match the body. The head stock is still the factory bright yellow color.
It still glows under a black light, but the body just looks a little dirty. Anyone have any ideas that could restore the color color other than a new paintjob?
Does a repaint devalue the guitar?
It's not terrible and I can live with it, just curious.