i know you've got big resto plans for this, but this looks great as is. Really nice. The semi ratty paint (and that's being harsh) gives it a bit of charm and I'd be tempted to consider that complete.
I've got the same stem and bars on my concorde. Tricky to find a nice ahead but I'm sure you'll make it work. Painted stems aren't for me, I don't get it at all, but I know a lot of people do.