Paul - I'm fairly sure I ran into you at a brewery in lancaster. If you are who I think, welcome!
This isn't a bike you're selling, you don't care about value and it's an old friend you'd like to spend more time with. Update it however you see fit! I love the combo of classic steel and modern parts...and I did the same thing as far as keeping the seatpost old as a hint of class on one of my bikes. I'd probanly use either Ultegra or centaur; whichever floats your boat. I'Ve been using 105 11sp recently, and it's nice, but after all these years the Shimano trim still freaking sucks and has to be constantly tinkered with.
I second everyone on the Nitto Technomic - awesome stem for dialing in fit.