I concur with our fossilized fish friend (Coelcanth): the top tube dents are *usually* not going to compromise safety, they just shoot the cosmetics to hell. If the pinholes in the chainstay are due to rust (tho they don't look it), then that could kill the stay (and you should examine the rest of the frame for rust), but if they are on the drive side and caused by really aggressive chain-slap (or impact or something), then just fill them with brass or solder and paint away. I think your wife would be really happy with this if it turns out to be a sound frame. Get it checked for alignment at a competent shop, they may also notice things we can't see in these little pics.