I cleaned up a bunch of derelict machines a couple weeks ago. I had a Franklin Rotary which is about the same machine. I used rust cleaner on the chrome bits and followed Glenn's tutorial for fixing up the paint. Here is a pic of a kid happily sewing on it - I put a steering wheel spinner on it - the wires were shot - the table was in bad shape. DH cut the top out of the table and put it on a box, then painted it black.
[ATTACH=CONFIG]435495[/ATTACH]