Originally Posted by
gomango
I'd use Repechage's idea, touch up any paint chipping after that process and build the bicycle.
Likely to make a great rider.
+1. I don't believe there will be any paint damage. I don't actually believe the dents will come all the way out, but will be much less noticeable.
This damage is a serious bummer, but I don't believe it makes the bike unsafe. The damage done is mostly to the frame's value, which is closely connected to the condition of the paint (if original). Therefore I would avoid any "repair" that will hurt the paint, such as rolling the dents with blocks.