Thanks for the replies (and any other comments that might also follow).

Then I did good... or at least OK.. on price. I am not a flipper or even a collector. I do like to have a bicycle or two to wrench on in the cold months. I scrubbed it clean (enough) and hung it on the wall in my basement cave. It replaced an old Univega (also Japanize made) that had hung on the wall. And the Univega became the back-up/wet weather bike that hangs in the garage. I had sold the back-up bike/mountain bike in the spring... when I decided it didn't fit my needs.

The Lotus doesn't really need any actual work or repair. But I will find it a nicer/lighter saddle... polish it some more and replace its bar tape. Now... according to the N+1 rule (and a negotiated agreement with the wife) I have one more bicycle position I can fill.