I've had a chance to spend some time with the bike. I cleaned the handle bars with the 000 steel wool and some silicone based cleaner on the grips.
I'm having trouble with one of the crank cotter pins. It is frozen in place. I am reluctant to use my gangster/mafia/thug techniques to remove the pin (any tips would be nice). Underneath the nasty chain cover hides a cool crank that has been hidden from view for decades.
I cleaned off a section to test it's finish. After finding this, I will not be reinstalling the chain guard. It will be packaged in a box for some Raleigh freak who loves punishment to enjoy.