Sugino VP cranks with a 110 bcd on the above bike, I think. And maybe one or two tubes plain-gauge chromoly. Looks like clamp-band shifters, so one could ditch the turkey levers and stem shifters and put a set of old SunTour Power Ratchet dt shifters, a set of fenders and a light and have a great commuter/lockup bike that would run for decades with basic maintenance.

A couple of weeks ago I sold a comparable 1986 Univega Arrowpace that looked much rattier than this one to a gentleman in town. I had serviced all the bearings and trued up the wheels and replaced the tires with good used ones. He was happy to get it - he rode up to meet me at the town square on a big box BSO and rode off doing the ghost-bike thing, clearly appreciating the better quality of the basic Univega over the double-boinger Magna or whatever that vile thing was.