QUOTE (omartcruisers @ May 31 2012, 10:50 PM)

You really don't need to "modernize". Find a TNT, DK or other quality quill stem on Ebay. American bottom brackets are still around for many 3 piece cranks. As far as brakes, find some DiaCompe Bulldogs and you're good. They are by far the best pivot brakes ever.
i understand i can do that. the bike is not bad as it sits now. it's a matter of wanting to.