Got both of the tires and tubes replaced so far. I also removed the kickstand and attempted to change the brake-pads. Unfortunately the brake-pads I got are too large, and will keep the brakes activated permanently. I know there are a few things I need to do to get it road-worthy yet, but, I did take it for a test ride today. I still need to replace the brake-pads. I also need to change the tension cables for the derailleurs and brakes. Unfortunately it appears I need to replace the return spring for the front brakes, they activate when I squeeze the handle, but they don’t return to the released position. Also, the front wheel to handle-bar alignment is way out of whack, but, I think all of my large wrenches are at my storage facility. I will check tomorrow. The front derailleur doesn’t seem to be adjusted correctly, so when I switch to the smaller front gear the chain doesn’t correctly seat on the gear. But, I will learn how to fix that. Luckily Austin is a very bike friendly city, so there are lots of small independent bike shops around. Now its just a matter of finding the appropriate parts to fix a 40 year old bike. Almost all of the parts are labeled Shimano, so hopefully it will be easy to get the parts. Oh, and I should probably re-wrap the handlebars.
I am trying to limit my upgrades to essential repairs though, because I really enjoy that its an old bike, and I want to try to keep it as original as I can. Just a decent cleaning, and some necessary repairs. Reflectors, maybe lights because they are apparently a city requirement after dark.