Hey bwormuth, welcome to the forum. The Norman you have is from the post-TI/Raleigh merger. it is actually a rebadged Raleigh Colt which, at least to my eye, is a very neat bicycle. The target audience for this bicycle was what we'd probably refer to as the "youth" market or for short adults.

In any case, as far as that specific bicycle and my general approach to bicycles, I'd clean it up and ride it. The paint looks to be in pretty good shape overall and getting transfers for the bicycle would be next to impossible. Anyway, that's my take. Enjoy your Norman!