Originally Posted by
uRabbit
There is only two sets of bearings, correct? Front hub and rear? Not sure how to get them off, but I do plan to grease up the hubs.

I want to be able to do a complete go-through, as the cheapest tune-up I have found here that is complete, is $80.
Very important - Front and rear hub bearings, bottom bracket bearings, headset bearings, true & tension wheels. Need only standard mechanics' tools for the bottom bracket and headset. Need specialized tools for the rest: spoke wrench, freewheel removal chuck, cone wrenches. Helps to have a pair of each size cone wrench. You can take the rear wheel to the bike shop & they'll charge you maybe $5 to remove the freewheel. If you get the hub bearings put back right, you'll only need to remove the freewheel that one time. If it's the freewheel with the extra-wide opening (they used several in those years & I forgot the brand name), you can service the bearings w/o removing it, but it is difficult to clean the hub then.
Also, disassemble (as possible) & clean & lube the brake pivots, derailleur pivots & wheels, control levers, cables.
(Edit) - Good idea to do the pedals too. Cup and cone, like the hubs.
It'll go, stop, and turn like new