Joined: Jan 2010
Posts: 9,835
Likes: 1,816
From: Northern California
Bikes: Cheltenham-Pedersen racer, Boulder F/S Paris-Roubaix, Varsity racer, '52 Christophe, '62 Continental, '92 Merckx, '75 Limongi, '76 Presto, '72 Gitane SC, '71 Schwinn SS, etc.
I was getting ready to reply, to mention that these new cranksets are all designed for 130mm rear spacing, but likely your freewheel isn't quite as wide as the intended modern cassette, so won't cause noticeable cross-chaining noise/friction.
I tend to prefer minimal "chainline" (as it is called, the distance from chainring/chainset center to seat tube center).
I like to make use of the big/big cog sprocket combination with frequency, as when cresting our many rolling hills.
So I usually prefer older bottom bracket designs that give me the freedom to select the chainline dimension at the chainrings.
Very glad to hear your new crankset works well on your older bike though.
How does it look?