Photos - of course I have more photos. Yes, that is an Ofmega Mistral crankset (52-42) and derailleurs. The brakes are Modolo Speedy. Freewheel is a Maillard 700 12-21T, original Aspin wheels with Vittoria sew ups, original Bernard Hinault saddle. Finally, it's got the first generation Look pedals from 1985. I rode around a parking lot briefly with it and loved the feel of the bike. I'll more than likely switch out the derailleurs just so I can save the Ofmega's in their original condition (i.e. not have them break). I'm looking at also going to a Regina Superleggera alloy freewheel at 13-26T because I know I'm going to want to ride this more and I don't have the lung capacity of 20 yrs ago to push the 12-21T all the time.
The Teledyne has got a tear at the seat binder bracket which my dad is trying to get welded. I'm talking in earnest with him about letting me have - fixed or not. If I get a photo I'll post it.