There's nothing like the satisfaction of bringing an old bike back to rideable condidtion. Recently(within the last year), I've done 2 complete rebuild/conversions w/20+ year old bikes. One was an 85 C'Dale SR300 and the other is a 70s Fuji Del-Rey. Had them both sb and pc, The Cdale I made into a 1x8 w/bar-end shifting and the Fuji into a singlespeed. Really fun projects. Either could've been done w/o the re-painting, but they both look real clean. No decals and the Fuji doesn't have any wb or rack braze-ons. Used the same Sugino 103mm sealed track bb for both. I've had the Fuji over 20 years and the C'dale was a 20.00 garage sale find. I've another bike that's a 90s Specialized Crossroads hybrid I paid 60.00 for and upgraded the bb w/a Shimano cartridge and replaced the chain, cassette and cables. It's a hoss. Got airless tires and I only ride it as a last resort.

Gotta love old bikes.