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Taylmer
@greeno
hmmm, not sure what i'd do. If you replace the groupset, wheels, saddle, handlebars, you're basically only keeping the frame. You'd end up spending quite a bit, and I'm not sure how much better it's going to make it. To be honest, if you serviced it I don't see why this wouldn't be a perfectly good training bike as is.
But if you really wanted to go down that route, I'd personally get a second hand but more modern campag 10/11 speed groupset (off here), or even a new current veloce or centaur groupset (it wouldnt ruin the looks, it would just make it more badass). Maybe some campag khamsin / scirocco wheels, some shallow drop handlebars (omegas or deda piega maybe?? or whatever the equivalent is these days).
Don't get rid of the flite saddle! But I would be change the seatpost out (silver thomson layback??).
That's all my opinion which means absolutely nada. Not sure I'd personally bother. But if you love the frame go for it...
Maybe check out this thread for some inspiration....
https://www.lfgss.com/conversations/212733/