I picked up a 1984 Trek 760 today; components are in great condition, and the frame has some surface rust on it (cable rub areas). I don't know of the condition of the whole frame, I have yet to remove the bottom bracket for further investigation. The bike rides wonderfully though; god I love steel frames!

My two questions:
1) Should I worry about lead paint when stripping the paint off the bike?
2) if I find some rust on the inside of the tubes, is there a way to remove it (cheaply)? I've read that I can use a rust prevention spray to prevent more rust, but am curious as far as how to clean the inside of the frame.

I am very excited right now though; this is going to be the perfect road bike for me if I don't find any issues with the frame. :-)