I'm painting an old Raleigh frame and fork, and I'm curious if there's a way to remove the front emblem to paint the frame without having to mask around it. It looks like it's driven into the frame with nails.. But if I do remove it, I want to be able to put it back on. Does anyone know how to do this?

-Thanks

Also, after I paint the bike I'll take it to the LBS to assemble it, and I want to upgrade some components. What are the most important things I can do to it without spending a bunch of money? I'm going to ask them for new nuts and everything because most of them have surface rust, and maybe brake cables.

Here's a picture
I got the bike for $100