I saw this bike on CL a few months ago and seeing the Suntour components, I wasn't very motivated to look into it. I started researching Paramount components from the 70's to see what could have been original. Never saw this thread....
About 2 weeks ago I checked CL to see if it was still listed and surprisingly it was, with additional photos prompted by WGB. The seller is not a bike guy but he knew it was a good bike and eBay was the obvious way to see what the market was. He was selling it for the family of the original owner who had passed away, so how it got to its present configuration is a riddle.
In the end, he wasn't interested in shipping it out of town or parting it out. I was the first person to show up and I took it home for 450. RD, FD, shifters, tires, freewheel, brakes and levers have been replaced; the rest is original and in good condition. I'll post photos in the C&V forum later.