What to do with this beauty

looks like a respray is in order IMHO.

agree with hanged_up on the geared front. But if you do go fixed or ss , don't slice all the braze-ons off, because the next owner (if you sell it on) might want it geared. that's what i've done on my old tourer frame.

While I'm not a fan of puppykills, taking the braze-ons off this is no crime.

And what ever you do, DON'T RESPRAY IT!!!... not because its would be a shame to loose the orgininal paint from such a classic bike, but because there is zero point in dropping £60 on this frame....

... also the colours look pretty cool and give it character. Powdercoating has no character.

Just rub down with some wd40 and wire wool, clean polish, etc. and enjoy it.

For future reference these things should be posted in current projects.