Well, winter has flashed by, and I got so busy I could only dedicate a few short minutes to the project. January had me busy building wheels the whole month, and February saw me away in the sunny south,
Anyway, I did make a wee bit of progress. as said before, all the bearings are in good shape, but the bottom bracket cups pretty much fell out of the shell due to poor manufacturing tolerances.
Some Loctite 680 retaining compound has them now held firmly in place.

The crown race was also loose and spinning on the seat, so I knurled the steer tube and it is now fitting properly.
I had a set of polished CR18 590 rims, but they were pretty scratched up and blemished, so I went to work on them with some steel wool. They now have a reasonably nice mill finish, but I think I will see what I can do on the buffing wheel.