Sell-out move, installing a chain like that. Is that a Monterrey? I rebuilt one of those for a friend; it was a lot of fun on the post-tune shakedown ride. Hers was a SS CB model. Frame looked just like yours.
Actually, I don't remember... I bought it at a yard sale a few years ago. Took the sticker off the chain guard soon after. I kinda think it said Good Vibrations, but I could be wrong. (edit: found an old pic. it actually said Beach Comber) There's actually a bike on the very first page of this thread that looks like the same exact one as mine down to the color and the cheap caliper brakes and 5-speed drive train that mine had.
Funny about the Monterey, though... I have a Monterey frame in the basement with really nice burgundy paint that looks like the exact same design as this one except that the fork and rear bridge aren't drilled for caliper brakes. If I come across a set of 26" coaster wheels, I'll build it up as a coaster twin to this one.
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