1972 Schwinn Suburban

I recently acquired my father's old bike - an early 70's Schwinn Suburban. Since I often Bike to work (or just Bike for the exercise) I figured it would be worth fixing this up. It is hard to tell but the whole thing is rusted pretty badly and is missing its derailleur. I have one that I think is correct but it needs a lot of work.

I managed to get the thing mostly apart but their are a few pieces that refuse to budge and a few screws that just won't come out - even after copious amounts of WD-40 and chain-oil.

I think that I will get it rolling first and then re-paint it over the winter. I am thinking that it might look nicer in the light blue color rather than the brown that it has here. But that is for later.