Another forum member sent me a link to an early 70's Supercourse identical to the one I purchased. This bike went through a transformation similar to the one that I'll probably proceed with. I will more than likely use a north road bar (since I already own one) and a thumb shifter as opposed to the drop bars and the funky bar end shifter.
I'll post pics when I start this project. The frame hasn't been delivered to me yet.
http://readytoride.biz/?p=156