Originally Posted by JPeters

Sounds like a great idea; easier than you'd think, and well worth it. On an old bike you may discover problems that you never knew you had, though. Stuck posts or brackets, internal rust, etc, so be ready to go to an LBS if you do. The most annoying thing is getting all those specific bike tools like proprietary hub and chainring wrenches and crank pullers. The cost of all those tools can add up.