Lots of truth there ^^. So much of the old stuff sat around way more than it was used. More often than not, whenever I have acquired an old Electroforged Schiwnn, all mechanicals were in great shape. Replace the consumables as needed and you have reliable transportation.
These frames excel as upright bikes, in my opinion. I've had many, and the best rider of the bunch was a Varsity with North Road style bars that I took off of an old Huffy. I had it set up as a 1x5 with a Shimano Eagle II rear changer. Campus Green with brown fenders, Brooks B17, cork grips, alloy wheelset from the junkyard, and a thumb shifter. It was a cheap bike, but was solid and totally reliable.