Thanks. I like the idea off naval jelly to prevent further rusting. I know it isn't worth much, but if I could restore the chrome and the rusted rims, it would be worth it to me. I loved that bike. I got it for Christmas in 1976 and have an actual photo of me on it in front of the xmas tree. We have a fourth of july bike parade every year and my daughter has already claimed it for that and our block party.