Ron,
I would think if you simply put on the tag, when it goes up for sale, that is a "Glider, re-badged as a Raleigh," things would be kosher alll the way around. It is not as if you are trying to pass off the bike as a fully restored or NIB/NOS Raleigh and what you do is for the good, not for the profit, of selling the bikes. I would agree with absolutely no re-badging if you were strictly selling to collectors or such, but not in what you are engaged in doing. JMHO.
BTW, in my book, the fact you even asked our opinion in an up front manner speaks volumes about your ethics and moral calibre.
Bill