Another recent rehab--a 1961 Huffy Sportsman with TCW rear hub:
That saddle is just a placeholder until I find something better. Bright bits cleaned up reasonably well, and shifting and braking seem to work fine. I couldn't get the adjustable BB cup off (but the BB has an oiler port, so I liberally sprayed some lube in there to free up the bearings), all of the rusted bits spent considerable time in Evaporust, and I had to solder a new double-ended cable for the front brake, but other than the frame finish being fairly beat up, I think it cleaned up reasonably well. I did sand and lightly paint and rear rack and reinstalled after this pick. The color sorta matches!