So, I was able to get quite a bit done on the bike last week. New tires, battery, rebuilt petcock, new fuel lines w/in-line filters, new gas cap gasket and lock, cleaned brakes, lubed cables, cleaned/greased electrics, blew out air filters, new plugs, new front fender, fixed dents, painted all the body parts (rattle can & spraymax), and changed the oil several times (it was milky). Basically got her back in decent shape.
She's running and even idles but will definitely need some tuning. I am noticing that the front brake is a little funky. The shoes looked fine so maybe I just need to adjust it some. I'm hoping to have everything sorted out by next week so I can start teaching my girl friend to ride it. I'll post some before and after pics soon.