Thanks for the info guys! Keep it coming ;)
The plan thus far:
Pull the engine, order a rebuild kit and a control/cable kit from Hugh. Rebuild the engine within the next month. Clean up some of the casting as best I can and just ride it all summer. In the winter I'll actually take it down to the frame and start restoring and getting things painted.
I'd like to in house all the work I can so I may need to find me a soda blaster :)