I concur w/ the others. With the CrMo frame and aluminum cranks, it is one step above low end. It should be a practical and fun ride, and that paint job does look great. I have always been amazed by how far and fast the Japanese frame builders progressed during the 1970s, and their derailleurs have always been world class, thanks to SunTour's invention of the slant planograph.
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"Far and away the best prize that life offers is the chance to work hard at work worth doing." --Theodore Roosevelt
Capo: 1959 Modell Campagnolo, S/N 40324; 1960 Sieger (2), S/N 42624, 42597
Carlton: 1962 Franco Suisse, S/N K7911
Peugeot: 1970 UO-8, S/N 0010468
Bianchi: 1982 Campione d'Italia, S/N 1.M9914
Schwinn: 1988 Project KOM-10, S/N F804069