I'm getting pretty excited about it actually, this one was originally on the back burner, but now that I have all this extra info, I'm getting keener, so there's been a change in priorities.
This week I'm flat out helping Jeffrey (Blumbly) pack up to move this weekend, but while he's house hunting he will be crashing at mine with his painting setup (16CFM compressor, paint guns, etc.) so I will be doing up 5 mowers in that time (recent promotion gives me the money for paint) they will be my Dad's VC-160 (MKIIIB V111 72VJ), my 62 Cadet, my Purple VC-Sports, my MKI VC-160, and this.
The engine has great compression (top & bottom) strong spark, and smooth movement (this is all by memory, it's been in the back of the shed since march) so I have a feeling it it wont take much to fire up!
I remember there being a great spot of paint under some of the grease for paint match, so I'll be giving this one a full restore!