Sweet deal.

I'd go for the full 80's vibe: pink Benotto ftw! But sure, white tape will look fine too.

Those pedals will work fine, although they're on the heavy side and aesthetically a little clunky, at least to my eye. I prefer these Looks, or, better still, these Shimano pd-1056, both of which can generally be found for peanuts on Ebay. The bearings on all these pedals seem to last forever. The red cleats will give you the most float and are a good place to start.