Hi:
I am glad you have this site. I'm 50, I just bought a white, 2002 F150 in pretty good shape with 87,000 miles. I replaced the heater blower motor resistor. There is some rust on the body and a cursory inspection showed some rust on the cross beams that attach the bed to the chassis. I will look into the rust issue some more in the future.
I live in RI, grew up on a farm and still live on the farm. I am an attorney now. Thanks for the welcome to the site and I will be in touch.
Sincerely,
Aaron