The last few years I took my 82 to Carlilse, going up and down the hills in PA, I got 24.6 MPG overall. That included sitting in the fairgrounds traffic, doing the Corvette parade, back and forth to the hotel in Rt.11 traffic. Temps. were rock solid at 205' at highway speed and in traffic.
My 98 C5 compared at 26.8 MPG for the same trip this year.
The 82 is a very comfortable highway car and just purrs along at 65 MPH with plenty of power left for hills, although downshifting out of overdrive is recommended for big hills.
For a do-it-yourself-er the 82 is pretty tight to work on inside the engine compartment. There is not a lot of extra space left between the engine and the sides of the car to get a wrench in. The front 2 spark plugs have to be removed from the top on both sides and the back 2 from below the engine. Spark plug wire routing is a real time consuming task as the plug wires are beneath multiple shields and the front 4 have to be routed between the motor mounts and the block.
The crossfire system is a somewhat difficult animal to diagnose if problems occur, but under the intake manifold it's just a small-block Chevy, and all parts are readily available at most auto parts stores. The only thing I had to special order was my springs, carpets, door seals and seats. Everything else was off the shelf.
Drive train service is the same as any other 68-82 Vette. And replacing the exhaust is real easy, and fairly inexpensive compared to the newer Vettes.