So after waiting a while for some hoods, bartape, and a cone for my rear wheel this project is now done. Completely stripped it, sprayed inside with rustcheck, cleaned and greased up all the bearings and components. Only replaced the BB with a cartridge, chain, and hoods.
Could still use a new saddle, and the paint has a couple of bad spots, but nothing serious. I've ridden it today back and forth to Dalhousie University for a work visit, and man, it is a fast and rigid bike. That 53t ring really makes a difference. The rims and spokes still need to be cleaned up a bit, and the wheels need to be trued (spoke tension is pretty loose).
me in "cycling clothes" on my way to pick up some olive oil after work
Brought it in to a local shop to show off, and one of the owners fell in love with it. I think if I ever sell it he'll have to get first dibs.
What do you guys think?