One of the things I have always admired about these old machines is the ease with which you can remove the wheels. OK, so I do have a QD rear wheel on the SQ4 and the W/NG is a little more difficult but at least I have two stands and can remove both wheels at the same time! try doing that on a modern bike.
I might tackle that damaged paint on the brake drum before they go back on. But then again, I could just as easily do that when it was on the bike and get riding it again!