Joined: Nov 2006
Posts: 19,810
Likes: 597
From: NJ, NYC, LI
Bikes: 1940s Fothergill, 1959 Allegro Special, 1963? Claud Butler Olympic Sprint, Lambert 'Clubman', 1974 Fuji "the Ace", 1976 Holdsworth 650b conversion rando bike, 1983 Trek 720 tourer, 1984 Counterpoint Opus II, 1993 Basso Gap, 2010 Downtube 8h, and...
Looks good, Zaphod!
I vote 'NO' on any refinish short of a full restoration, and I vote 'no' on that as well. As long as you don't leave out in the rain all winter long and ride it on slushy salted road, the rust isn't going to progress. Clean it thoroughly, dry it thoroughly, and wax it thoroughly and it'll be fine.
By the way, the ride I'm organizing for 10/24 goes past Kopps. They're closed on Sundays, but we can take your picture out front.