Congrats, that's a steal for a project Tele!

I'm with Kriss and knight46, I think the color is cool.
GFS is a great site for parts - I've heard a lot of good things about their pickups, and they're very affordable. Warmoth also sells a variety of stuff, as does Angela.com. Nice suggestion by Allthumbs for Glendale, too - their stuff isn't cheap, but their quality is great.
If you haven't already, visit the Telecaster Discussion Page and read some of the build/mod threads - you can pick up some great ideas and also a lot of tips and tricks.