I've been away too long...no idea this thread existed! I don't want to hijack an old thread, but it was a Maruishi RoadAce 7 that first brought me to BikeForums. I bought it off of Craigslist and immediately took everything off, all the way down to stripping the paint and taking it in for a powdercoat job. Yeah...not the smartest move but what can I way, it was my first one. Right now it needs some serious work but see pics from during the stripping and after the rebuild here:

http://www.bikeforums.net/classic-vi...adace-7-a.html

kiwi, I think mine is the same model as yours