DRF aka Thrifty Bill
Pretty much every dollar you spend on repaint or redecal will lower the value of the bike by about the same amount. Spend $200 refinishing it, lose $200 in value.
Clean it up really well, polish up the chrome (no abrasives, no steel wool), and sell it.
Stop reading my posts!
I agree, it's rare and unusual and so you should keep the original finish at all costs...as for the value, that's harder to say: even rare unusual frames from this ('80s) era aren't in as high demand as older frames: there aren't a lot of Japanese collectors in bidding wars on eBay for this, yet.
Location is important in determining value, but the worldwide market such as eBay would be the best place to sell...you could do something like launch an auction with a very high reserve to see what kind of interest there is, yet not risk it actually selling unless your reserve is met.
I have a feeling that Hillary Stone might know what the going rate would be, if you can get him by PM, maybe he'll spare you the auction effort.
BTW, on another note: be very careful if you remove that Nadex BB, they are well known for seizing up in the steel BB shell, so you have to use a lot of ju-ju to get them out unscathed...unless you're very lucky or had the foresight to use a load of grease on the threads to install it.
Last edited by unworthy1; 05-12-10 at 10:19 AM.