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Join Date: Nov 2008
Location: New York Metro Area
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Bikes: '02 Litespeed, '99 Bianchi Alfana. '91 Fuji Saratoga, '84 Peugeot Canyon Express, '82 Moto GR, '81 Fuji America, '81 Fuji Royale; '78 Bridgestone Diamond Touring, '76 Fuji America, plus many more!
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I worked on these in the '70s. I also maintained a small rental fleet of them. Nice catch, and nicely "nostalgic". As mentioned, they are basic and get the job done. Check the frame for breaks where they join, but they should they be ok. Trueing the wheels was always problematic. Don't expect perfection, which is not necessary and is not going to happen. You can true them up using both brake pads (left and right) and just aim for something that spins without going too far to one side or the other. Oil everything up. Gumwall sides on the tires not dried up and peeling off? Brakes and gears are easy to adjust. It may need new brake pads, especially with steel rim. You shouldn't have to go to crazy with this type of bike, which is a nice.