I have some other models that are in rougher shape that I will restore soon.
If you guys need any restoration parts for Penn reels - this is the place to go -
http://store.scottsbt.com/Penn-Parts...Page-W7C1.aspx
Mystic Island, N.J. of course
They have everything you will need, including some parts that will modify the reels performance. They also have a "Find The Parts" link for each reel that makes it easy.
If you want a consultation before you begin I suggest you stop by Charkbait here in San Diego and speak to my friend
Mike at the shop. (He is very knowledgeable with old school Penns)