This bike is in actually really good shape for being 43 years old. Theres a few paint chips here and there. Outside rust only, none of the gears are seized up, and the frame of the bike is still in good shape. It has original paint and decals, brakes work fine but a little noisy. Like the AT&T commercial "if our brakes won't stop it, something else will." A few upgrades to the bike could be only new tires, new chain, and a little WD40 never hurts. I've been riding the bike the last couple of days & it rides great. Tires hold air but there's no tread.
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