I like it. Every part of it, right down to the wing nuts on the front hub. If it were mine, I would touch up the paint or leave it as is. All my bikes are aquired in ratty condition. The Lambert got touched up rather than painted and from a few feet away took pretty good.

The origional paint looks to be a lacquer, based on the cracking pattern.
You can see the touch ups even in this picture, but it is better than it was.