Thanks everyone. I hadn't heard of using WD-40 before. That might be the ticket if I go that route and "refurbish and preserve".
From what I remember of the one on the showroom floor at JD it did have some bare metal areas as well as faded paint, but it was clean and fairly shiny. If I remember it right the display was donated or on loan from someone and they made mention that this is what a well used tractor looks like after ?? years.
I still have plenty of time to make up my mind, but I remember my grandpa on his tractor as it sits now... not on a shiny red one (and it still looks pretty good). I will replace the seat, though :wink:
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