Additional information/correction:
Pedals: Lyotard Model 82
http://velobase.com/ViewSingleCompon...a-478fc18a5b56
Toe Clips: ALE
EDIT 1
ut some new tires (Michelin Dynamic 700x23) and tubes on her today and adjusted everything to my satisfaction. The ride afterwards was very enjoyable. I like the downstem shifters. The location doesn't seem too unwieldy and the non-indexed front derailleur is right up my alley. The brake levers are a bit loosey/hard to reach and I may look into adjusting those but I've never done it before and don't even know if that's possible. Regardless, I think I got my moneys worth and really would like to find out what frame/model I ended up with since alot of the parts seem to be late 70's Italian make. Who knows... certainly not me. Reqest pics all you want and I'll send them out pronto.
EDIT 2: I'm leaning really hard towards the Tri model. This craigslist post is just TOO close to mine (excluding components)
http://toronto.en.craigslist.ca/tor/bik/1801106730.html . It also looks like my pedals match the one you're getting bicycle_junkie...