I checked out the photos. The bike is a little rough, but certainly worth reconditioning. Looks like you have all the parts, so it is just a clean-up job.

Polish it, but don't repaint it.

If you would like to talk with some collectors who would be excited about your find, go to oldroads.com vintage lightweight forum

http://oldroads.com/d_ltw_def.asp?rec_count=1

Neat find. Regrease ALL bearings before you wheel it around or you will most likely ruin the bike very quickly!