Originally Posted by chancelucky

I'm in the midst of doing something like that myself. It's not cheap and there are lots of little issues that can make it a bit unpredicable (bottom bracket compatibility, finding quality 130 mm rear wheels that take rim brakes (cutting yourself off from discs), etc.).
I'm trying to stay middle of the road with my redo, but will spend close to double what I paid for my 80's touring bike new. I've always found my bike very comfortable and it has a lot of sentimental value , so I'm doing it. My main recommendation
is don't do it because you think it'll be some sort of bargain vs. buying new. Do it because there's something special to you about the frame.