Yes JT, I've been living in LB for over 20 years now.
I took my bike apart and really glad I did. The bearings in the headset were bone dry! Took almost the whole bike to pieces with my multi-tool I carry with me on bike rides. Gives one a good idea of what they can do with what they have.
I'm going to give the ammonia suggestion a try. If more than one person suggests it then I feel I should heed the suggestion. It's going to take a few days to get the Kroil oil. So this can only do some good.
And yes bobotech, I'll more than likely have to go the co-op I mentioned for some real torque, but not until the bike been sitting with the penetrating oil for at least a week.
I'll update this when there's a break.
PS: After taking the bottom bracket off I noticed that it would be easy for me to pour whatever I had into the seatpost cause it's open inside the bottom bracket shell.