I had nearly this exact airplane. I've got 2 pics of it in my album here if someone else wants to add them to the thread ( Zane, I don't like your photo posting setup....

It was a reasonably light plane at 960 ish empty. Catto prop, cub gear, 19 gallon tanks out of a citabria, vg's, all of the stuff minus flaps that you'd think would make a great poor mans supercub.
I should also say that I got really spoiled on a light supercub prior to having this champ, and because of that, I just never did like the champ. It didn't slow down nearly as well as I thought it ought to, it didn't cruise very fast for having 150 hp and the controls were very heavy. Ultimately, the lack of flaps, and a very forward empty cg were very detrimental to this plane. My neighbor has a champ with a c-85 stroker, and it flies much nicer.
If this 160 hp champ is a smoking hot deal, maybe.... my.02. Clint