Dangerous to ride... absolutely proof is in the damaged headlamp. It is basically useless as a street bike. Just a novelty to be truthful but it is very different and weird. The only good thing is that it is very complete.
Parts... HA! none to be found. At least with the searches I have done. I always do this before a purchase to see what it would cost to fix it. This one will cost a fortune. LOL!
I am working on getting a hold of the guy again, my wife met up with him at a fair and he said he was thinking to sell again. Have to do it old school snail mail. But a long time ago we were way off on the price. Like everybody else, if it says Indian and is old it must be worth a fortune. So I am trying a trade. If I get it I will let you know. But I do not think it will happen.