So I ended up joining the Miyata club today; the bike was in "well-used" condition and a size too large for me. But the price was unbeatable and my brother in law who needs a bike will be gifted this one for his birthday. The photos are, of course, after I had cleaned it up and replaced virtually every part on it except wheels, headset, and seatpost:
Its a good 15 footer.
More to come....