Thanks guys, I think I may have a game plan started. The frame is pretty scratched up, so that will have to be painted or coated. The engine is pretty clean, but there is a leak while it's sitting on it's side stand, so it's going to need seals and gaskets. The case is very nice, so I think I'll leave that alone. The cyl has some corrosion, so I think I'll clean that and try to leave the finish as natural as possible. Everything else, I'm going to try and clean to see where it takes me.
I did finally drain the oil and put a new oil filter in. I got about a quart out of the oil bag, and about 7 out of the crankcase. This worried me until I remembered my uncle telling me he would lube the cyl's every year. After 40 yrs, maybe it all added up? It all looked clean, so just maybe. We will see.
I still need to order the carb floats to see if it will start. I'll do that this week.
Thanks, Justin