Got a bit more done this week.
I cleaned up the rear fender, grab bar, turn signals, and tail light. I wasn't planning on doing that just yet, but I have been cleaning up the chrome on other parts as I went along and they looked so bad in comparison.
Also the bolts that hold the front turn signals to the stalks were mismatched and it was really bothering me. As an added bonus I found the turn signal bolt had been swapped with one of the rear fender bolts.
Before with turn signal bolt circled in red:
After with matching bolts:
Next I went back to the gas tank which is becoming the bane of my existence. I have managed to remove most of the rust, but I'm still dealing with some varnish/rust sludge at the bottom of the tank. I wanted to remove the petcock before resorting to more drastic measures.
The petcock screws absolutely would not budge, even with an impact driver. I decided to drill off the screw heads and just pull the petcock off. After drilling off the heads, it still would not budge. I drilled a tiny bit further and realized the screw threads were completely packed with varnish. Gluing the petcock to the screws:
I added a few drops of acetone to the screws and picked away at it with a pin. I repeated the process for about an hour and finally...
Success:
Luckily the screws came out pretty easily after that with some channel locks.
The game plan now is to add some acetone or lacquer thinner to the tank with an old bike chain and see how that goes.