What a nice boyfriend . I'm not sure you polish the paint with the foil. I thought that was the chrome. I thought paint was cleaned with lemon furniture oil (like Pledge), then use a bit of automotive polish like ScratchX, then car wax. I just did a thread recently on cleaning paint. You might be able to find it a couple pages back.

If you're going to put on a new front rim, I suspect you'll want to put on a new back one, too. Then you can get lighter rims, which will make the brakes more effective and the bike lighter to ride. Others will know more. Salmon colored Kool-Stop Continental pads are the pads of choice for these guys. I have them on my Sports from the same era.

For tires, it depends. If you get new rims, then I'm not sure which tires are best for the ones you'll get. For my Sports' original rims, I put on Schwalbe Delta Cruisers in cream. They're a bit pricey, though. About $48 a pair. Once you get the rims, we can help you more with tires. A budget will help. How much love are we talking about here?