i only outline the lugs when it's already done on the bike i'm restoring, and it needs a fresh coat. i've used both pens and brush. i prefer a very fine brush as pens clump and their tip doesn't flow well over lugs. it's more difficult than you might think.
i put gum hoods and gumwall pasela tg tires on all my vintage bikes. they look most appropriate and feel best to me.
bar tape and saddle are more difficult to determine. i prefer fizik tape for its price, comfort, ability to clean easily and repel dirt (far better than cotton), and its color choices.
a black, honey or brown brooks looks and works best for me. a honey brooks looks better six months into its use than it does new.
cheers.