Nice catch for $12.50 Mo. I have paid more for less out on eBay. That should clean up fine and I think you will pleasantly suprised at what you end up with. Use Maas or Flitz polish and also walk your way up through the grades of Steel Wool 00/000/0000 and you should end up with a finish that you can be happy with.
If you have a Dremel rotary tool, the polishing wheel and buffing wheel attachments will help close the deal for you. If you need a referal to a 'honemeister', pm me and I'll recommend a few superstars for you. For that matter, if you have any questions as you are working on your project, drop me a line and I'll help if I can. Also SRP has a forum dedicated to restoration that is full of great advice and techniques.
Four wheels move the body. Two wheels move the soul.