Blown head gaskets are pretty common on our Supras due to two things: age and stock torque value. If you're not going to be adding a turbo to the engine you can just install a new OEM (Toyota! Not a cheap imitation!) HG and new head bolts. This time when torquing the head down lube the threads with moly and torque the bolts to 72 - 75ft lbs in multiple passes.
If you're looking into turboing the motor you really should rebuild the motor and then install a metal head gasket. N/A's can be a LOT of fun when turboed as long as you take precautions to ensure that the higher compression isn't going to bite you in the ass.
I do not recommend attempting to install a MHG unless the block and head decks have been machined and both meet the RA requirements of the head gasket you intend on using.
Sorry it happened, but it doesn't mean you got scammed, the seller just got lucky (decided to sell at the right time... for them).