Thanks for the additional input. I'm still trying to decide where to go with this bike--whether just to bolt it all back together, make it run, and sell it, or to go the meticulous, clean every nut and bolt, paint the frame, etc., route...
I bet if I just spruce it up a bit and get it running at minimal cost I could sell it locally and make a few hundred bucks in short order, whereas if I go the other route we're talking lots and lots of elbow grease, cost of replacement parts, powdercoating, etc. etc., and I'd probably barely break even if I did let it go.
Decisions, decisions...