The story behind this post from May seems to be confirmed - per this website, the Bright's Pioneer Museum collection in Le Grand, California, is going to be sold at the end of October in an online auction. Individual lots haven't been listed yet, but a couple of the photos (including the one reproduced here) prominently show Muni PCC 1150, so you can be pretty confident it will be in the auction along with the rest of the stuff.
I have no idea what will happen to 1150, of course - and I'm not even sure whether I'll know after the auction what ended up happening to it - but it would be nice if the car went to a good home. From the photo, it looks practically pristine, without even flaking paint - just some dust and dirt.
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