Kittywolf13....I see that you have been properly 'inoculated' with the "Vintage Sewing Machine Addiction Virus"
just by hanging around with all of us enablers....heheheheh!
I think your birthday present is gorgeous! I use sewing machine oil on a soft cloth to clean up my machines. To oil the inside parts I like to use Tri-Flow. It comes in a little bottle with a teeny straw to help you get it into the hard to reach places.
I highly recommend Dave McCullam's book, "The Featherweight 221 and I". He has a terrific sense of humor, it's aimed at us DIY folks and the drawings are clear and easy to see. He also has a website with lots of info and tips about them.
http://www.featherweight221.com/fwrx/index.html