Hi Rozanne I look forward to seeing pics of the Carlton idc. Old wheels had steel spokes as opposed to newer stainless steel spokes. They are probably 36 wheels and therefore a lot of spokes to clean! Have a closer look at the nipples and spoke threads. Do they look rusty? I have snapped old spokes on wheels I cleaned and it was either close to the nipples or in the middle. I am not a strong rider. If the nipples look ok and you decide to clean the wheels you will need to use sandpaper to remove the rust and smooth out the pitting. It is a very hard and tiring job and if you don't continue to clean the spokes the rust comes back pretty quickly. I have a 70-80's set of wheels for a lovely Eddy Merckx track bike I am restoring and have decided to rebuild the wheels. The rims are Fiamme red label on Record hubs. The reasons for deciding to rebuild the wheels because: I save myself many hours of hard labour cleaning the rims, steel spokes and hubs (difficult getting my fingers through the spokes to clean the hubs evenly);by stripping the wheels i can clean the hubs properly and get them looking good;new stainless steel spokes look good and will last another 30-40 years;I can check rim for cracks and clean them properlywill not have an issue with snapping spokesThe downside is it costs ˜R1,000 for the rebuild adding to the cost of restoration. As to the frame. Without having seen the frame my advise is don't repaint unless the frame was previously repainted. The scrapes, dings and chips are all character for a track bike imho. I have a 59 Vitesse pursuit track frame which paint work is poor with lots of rust showing through. It also has has a ding on the top tube from the handlebar slamming into the top tube after a fall. I am fortunate to be the custodian of the frame and promised not to destroy the frame as it still has UCI stickers commemorating the 1962 Pursuit World Champion! One of the previous owner's immediately recognised the frame after enquiring if the top tube was dented. The frame made its way from Belgium to SA via many past owners past and present and I am honoured to have the frame. It is one of my prized possessions. The Eddy Merckx I sent to CT to have the rear seat stays straightened and the frame builder removed a dent in the seat tube without needing to respray the frame. I needed to have the seat stays sorted as they were damaged. It is however a costly exercise. Please post pictures of your frame and groupset/wheels so we can provide further recommendations. Here is a picture of the EM with my Cinelli's wheels.