mastronaut,
IF I ever decide to restore the paint on this one, it will be powdercoated. For $100, I have a local source that will blast and powder the frame, fork and fenders. Fortunately (I guess) Murray sourced a lot of parts from Wald so getting new chrome replacement parts like the headset, bars, etc wouldn't be too much $$$ either. The only parts that would need rechroming are the truss rods and the bracket. The rims look like they will polish up nicely.
kingfish,
Thanks for correcting me, I've been using the wrong term all along. I plan to use a polishing compound, not a rubbing compound.
Terry66,
This bike was graciously given to me by a fellow forum member, so I plan on honoring his gesture by refurbishing it for now and proudly riding it for a long while.
Thanks guys for all the encouragement and support while I ramble on about everything.
Cheers,
Dr. T