Welcome to the club. If you accept the fact these are a German interpretation ( a mighty fine one at that) of a 55 T-Bird - more boulevard cruiser than sports car you should be quite happy. I love mine.

Here are three links for you. The first one will explain how to raise/lower the soft top and remove the hardtop. Make sure you have a helper with you when you remove the hardtop as the thing is bloody heavy.

http://www.oursl.com/research/560-hardtop/107_560sl_hardsoft-2.htm

The second link is resource page for W107 and should give you a wealth of information about your car.

http://northernresource.com/mercedes/107-links.htm#Upholstery_&_Trim

The final one will tell you what your color is.

http://www.benzworld.org/forums/vintage-mercedes-benz/1272923-107-paint-codes.html