Good choice - that's a solid bike that will allow for many different types of set-ups and experimentation.

I modified a similar vintage 720 Multi track into a drop bar bike with bar end shifters. However, the bike never quite felt like it fit me after I added the drop bars - too jammed up. I experimented with different length stems but never got it to where I wanted it. When looking down at the front wheel I could see the front axle with a couple inches to spare and I think this is an indication that the frame was simply too small for what I tried to do with it. It was my first attempt at a restoration/modification. I eventually just took off all the new gear and put it back together in its original hybrid form. But - that's how we all learn!

There are several previous threads on BF with good advice re: drop bar conversion if you are interested.

Good luck and post photos as you progress.

jlaw