Glad to hear you've got a new ride! Looks like you may have scored a deal.
If you don't already have a helmet, you definately should. With regard to the saddle: I would be so quick to give up on it and replace it with a brooks. From the photos it appears as though it may be a bit nose high. I would try adjusting it a bit to see if you can find realative comfort and invest the money into some shoes first.
And, man, no leaving it outside of class or out of your sight for that matter.
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Birth Certificate, Passport, Marriage License Driver's License and Residency Permit all say I'm a Fred. I guess there's no denying it.