I'm hoping to get the cranks stripped and hopefully powder coated. I may go ahead and try just doing it with a rattle can and see how it turns out. The stem also has a large chunk of paint missing but I'd like to just touch that up so I don't lose the the writing on it.
I picked it up for $280 shipped, and yes it's the "Black Lightning". Considering all the work it needed, I probably could have done a little better but overall I'm pretty happy with it now.