Thank you gentlemen. I ended up blasting, bluing, steel wooling, oiling and finally wiping down the following: front springs, steering linkage, tie rods, strut rods, spindles. I did paint the sway bar and engine cross member in a semi-gloss black. Overall I am happy with the results. I ordered a set of paint pens in 15 multi-colors to replicate paint daubs and found numbers.
(FYI: My rear pinion had a 307 number in pink on it. My brake cylinder had a 1065 number on the bottom also)
Thank you all for the comments. This site has been very helpful and I am grateful!