You guys have been great, and I learned alot durring the resurrection procedure. Also, thanks for the URL for the manual, helps quite a bit when trying to figure out how to fix this thing, and get the right stuff. Apparently, this thing was riden a few times, and then just left on the side of someone's house for 10 years. Asside from damage from rain, and lack of use, this thing is in mint condition, and everything works.
Only problem with this thing now, is the rust, and the bent front wheel.
Friend of mine suggested fine steel wool (instead of wire brush) to take-off the rust, and MY GOD does that make rust go away! brush lightly, and voila! Icky brown rust goes bye-bye! Amazing!
Amazingly, I was able to get it started without changing the 10-year-old gas. I pedaled my face off, but got it to run, and idle.
When we flushed-out the icky brown sludge-like gasoline, we put the petcock back in, and that broke-up the icky chunks covering the hole. Plenty of fuel flushed the rest of the icky chunks out, and the fuel system is now clean.
Next job is to unbend the front wheel (or replace?), and to put some sort of anti-rust paint on there.
So, two questions:
 How do I unbend the wheel? It's definately round, but warped. I've never done this.
 Which paint should I buy? The thing is yellow from the factory, but there are like 4 shades of yellow paint at the auto-place near me, I'm thinking school-bus yellow, or sun yellow, but just not sure.
Again, folks, thanks for the help, I'm excited to ride this thing 'round the SoSide of Pittsburgh, but still gotta get a plate for it.