I gave it a bit of a cleaning and it's a little better.
I'm not a fan of painting chassis in general, but I think I'll give it a go on this one. So much of the cad plating is gone.
Here's a little test I did last summer using "stainless steel" (top) and "chrome" (bottom) enamel spray paint. I think the chrome is a pretty good match for cadmium plating.
I removed that grungy tuning cap and gave it a bath. Then used some naval jelly to remove the rust.
That gave me a chance to repack the planetary drive bearings too.
I washed off all this old grease and gunk using WD-40 and repacked with general purpose white lithium grease.
I sprayed the copper fork thingy with contact cleaner to make sure the movable plates were making good contact with ground.
It's working very well now
Physically that is. I still need to get the radio working electrically