Well, the transformation has started! On Sunday, myself and two friends (one of whom has rebuilt bikes several times) started working on the Miyata. We got a lot done, but there's still more to do. We cleaned the hubs thoroughly and repacked the bearings, we pulled the crank and bottom bracket and cleaned, repacked bearings and lubed everything there, cleaned up the derailleurs, and got new tubes and tires on. The components are so shiney, they almost look new. The chain is soaking as we speak. My friend and a local bike shop owner both said that the chain looked good, so....I'm going to give it a shot.
Next time we're going to check out the fork/headset area and clean, lube and adjust the brakes and shifters. After that gets done, the only thing left will be to do the touch-up paint and try to do some adjustments for fit. I may have to get a stem with more of a rise, but we'll see! I'll post pics once she is all clean and ready to ride.
I already purchased some Deda handlebar tape on ebay. Carbon silver. I decided to accent the silver logo. Can't wait!



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