Joined: Apr 2007
Posts: 12,569
Likes: 2,740
From: Thunder Bay, Ontario, Canada - burrrrr!
Bikes: 1958 Rabeneick 120D, 1968 Legnano Gran Premio, 196? Torpado Professional, 2000 Marinoni Piuma
I can't do any harm, in my opinion. I try to minimize road rash when and where possible. Sometimes, you can make it disappear. Sadly, the detail of the crest will be lost also. Unless you etch the original a bit deeper and exercise caution when cleaning up the rash area.
You might also consider if the surface is anodized. If so, you will have to polish off that too to gain a uniform surface.