The rust on the stand should be wire wheeled or sandblasted. You also should try Evapo Rust. Great stuff. If it was me and I rebuild these machines, I would disassemble the stand, de-rust it, get an automotive paint mixed to duplicate the color, paint it and re-assemble it. Looks great and increases the value of the whole machine. It needs a drawer and i have the plans to make one as well as a couple on the Adler stands
I have,
glenn