It rides just fine as pictured. The parts that need to match in order to work properly do. All I did as put the wheels on, tweak the RD and rear brake, and put air in the tires and lube the chain.
The only problems are the rear tire which is lumpy, and the BB needs repacking at the very least as it feels a little lumpy which is quite noticeable with everything else on this bike feeling so smooth. and the lowest gear feels I don't know "crunchy"? I'm not sure what the cause of that might be. Maybe just an indexing issue.
Unfortunately a lot of rust is under the paint, and the decals are quite fragile. I don't really want to repaint it since I like how it looks now, so I guess I'll just clean it up the best I can being careful not to do further damage.