Isn't Georgia one of those weird States that doesn't require a title for vehicles over "x" years old? I seem to remember something like that- they won't even issue you one if you wanted it. But that wouldn't avoid needing the VIN inspection to get registration.
You are correct-you can thank the hillbillies in the legislature.
I don't remember the age (20?) but they will let you register it on a bill of sale as long as the VIN comes up in the system (and comes up clean).
I have a title for all of my old stuff ('69 Plymouth, '67 M35A2, etc.) but I had to ask for it at the tag office.
They then say "This state doesn't require a title on a vehicle that old"
To which you have to say "Well yes indeed, but what happens when I try to sell this vehicle to someone in one of the states that does require a title?"
That's usually the point that they say "Well, we'll send in your old title and see if Atlanta issues a new title".
Never had a vehicle where they didn't send a title.