This bike hasn't run for years, I'd guess at least 10 years if not more. At one point Jacy began to get it back in shape (which you can see as the carburetors and exhaust have been removed) so when I picked up the bike it came with a nice kettle of parts to go along with it. Not quite a true "basket case", but a good beginning nonetheless.
Since my goal here is to ride the bike in the fall 'run, I'm willing to compromise when it comes to restoring the bike to "stock". Ideally I'd like to keep the bike as original as possible, to preserve its charm but I don't expect to have a numbers-matching museum piece when I'm done.
Another obvious area is the fuel system, first off because one of the most common dangers of an old bike like this is rust in the tank but also because most of the fuel system components have already been removed which is half the work. With a bike that has sat as long as this one you can pretty much count on having to replace any rubber components so items like the fuel lines, etc. are something you should start shopping for immediately.