Thought I'd post an update on the situation. Well, I followed most of the advice offered here - filled up the tank w/ 10 gallons of premium ($2.87 yesterday, $3.15 today jeeeeez), "fogged" the cylindars with fogging spray, changed the oil and filter, new plugs and battery.
Wouldn't ya know, it started right up with little more than a puff of grey smoke, then ran at idle for 1/2 hour as smooth as can be. I was very happy and honestly very surprised!
Thanks for all the advice!
I will need to bleed the brake fluid, but after reading some posts here I think I'll have a more competant person than myself do it. Also, the power antennae is shot, the radio-code is MIA, tha A/C is quite warm, but they are creature-comfort things I'll get to in time. I hope that I can still get an R-12 recharge now!
I did find a note that Quaker-State 5W-30 had been used at least once before, so I am assuming that dyno-oil was the oil used before. I suppose I will stick with dyno-oil and not use a synthetic on this car.
Again, thanks to everyone who helped this newbie out!