This definitely wins some kind of C&V Style Award. Incredibly awesome.
The bars are, er, what were they called? Something German. Weyerhauser? Affenpinscher? Something like that. They're beyond cool, which for people like us = no longer manufactured and rare as the truth.
That rack is definitely as steel as they come. If you really want to preserve it, take it to the powdercoater and get it clear coated. I think maybe your bike deserves it.