Good Morning..
I was watching this engine but found others
that fit my collection better. Given that,
these small engines are cute.
I agree, leave as much as possible 'as-is' after
a gentle cleaning. I always use a very light oil,
Diala, for an initial wipe-down, then decide if
there are any glaring appearance problems. All
others are badges of history. You can then decide
if there is are restorations or repairs to be done.
I would do so before any painting. Don't forget
lots of before and after pix!
Now, it does look like the sliding valve link has
a broken end. You'll have to address that before
it will run. You will also need a new boiler strap
and I don't know what purpose that thing hanging
off the boiler end serves, unless there is a big
hole there and that would be bad news..
So, take a deep breath, make a plan, and get to it.
You'll love it, then take a video of it running, and
show it here.
Good Luck,
Wayne