I am doing up an old Raleigh road bike. It is totaly stripped and the frame and forks are with the powder coaters. Yesterday and today I dismantled all the equipment and cleaned, polished and lubricated where needed. The brakes and cranks have a nice lustre now I have removed the tarnishing and polished them, and the chainwheels gleam. It looks like years of grease or dirty oil protected them from the weather. That's as far as I have progressed so far. I need new pedals. the originals are too rusty to salvage, as is the chrome seat post, so if anyone has a 1" ally seat post I would be interested before hitting
Ebay. I will do some photo's when I get the frame back.