Nice find. Don't know much about these bikes but it looks like a real nice steed.
A small piece of advice regarding your stuck seatpost dilemma. If you're going to sacrifice the seatpost, you can cut the top clamp portion with a hacksaw, drill it out with a unibit, then use the hacksaw blade to CAREFULLY cut it apart from the inside out. I did this to a Trek 520 I was restoring a few years ago. Required no lye/chemicals/etc on a hopelessly stuck seatpost...