UPDATE:
I have decided instead of restoring all of the hardware at once to instead just do one drum at a time. Have a nice folding table set up with a view of the TV, and it is really almost therapeutic polishing all of the chrome... and it's addictive. This isn't really something you can do with a vintage guitar. :)
Also, I believe I have figured out (feel free to correct me) that a DownBeat set with cymbals was around $795 in 70-71? That is higher than a Les Paul at the time. Adjusted for inflation it is in the $4000+ range. Amazing. I didn't really see where the money went until...
The plating on the hardware is crazy good. I have never seen nasty, spotted chrome turn around so completely. I know the tiny spots of rust will come back every now and then, but holy cow. I am using Turtle Wax brand chrome cleaner and polish (one product) that I have left over from my old Ford Mustang's bumpers.
First pic has some before and after pieces. The second one is all after....
[IMG]http://img.photobucket.com/albums/v66/mweasel/beforeandafter.jpg[/IMG]
[IMG]http://img.photobucket.com/albums/v66/mweasel/beforeandafter02alreadypolished.jpg[/IMG]
I ordered a set of coated ambassadors (regular, non-vintage... btw, at least according to MF, the vintage ambassador series is "two ply") for the 12" tom. The ones on the 14" floor tom are serviceable for now, but will be going eventually when budget permits. I installed the lower ring on the floor tom and the really old looking Ludwig resonant head. I had picked up some tension screws from the spare parts drawer at the local music store.
I don't think this set has ever truly been cleaned before. The maple insides were pretty grime covered. The bass and the floor tom have had resonant heads on them, but I don't think this tom has for a while. Someone just took a knife and cut out the lower head leaving the ring and tensioners installed.
The bass and 12" have great seams on them, the floor tom could probably use about 1/8" of an inch to be reglued. But I will worry about that later. I want to do a lot of reading before I try that.