Hi Mike, looks like in it's day it was a mighty fine looking model.
At 64 OZ however, unless you can slim it down by about 20 OZ (including the re-build)and continue to use the FP-.40 you might have to think about retirement !!!!
Mind you, as much of the innards are now visible due to deterioration, some further investigation might reveal where you can take to it with a "Jenny Craig" weight loss program and end up with a unique and pretty unit.
When one is gifted with what was once a very attractive model, it can be hard to raise the white flag and throw up the hands in defeat, but you will have to look at that 44 to 46 OZ upon completion if you want a model that will perform in a tidy and responsive fashion.
Lotsa luck to you and keep the dream alive - regards, Tony.