Originally Posted by Kontact

Great job. I don't know if that is actually bare steel you're down to, but it looks great considering how it started.

If I had the OP's bike and wanted a to cover the rust, I'd follow your instructions for prep and then get an autobody place to get a rattle can of color matched silver/gray frame color and then use that to coat the fork and stays, then clear coat and polish. With little effort it could turn out nearly seamless.