Just out of interest, this bike (seen in Goldcross stores here in Melbourne) has almost identical head, seat cluster and bottom bracket lugs as my Wheeler. Does anyone know if there is any association between Wheeler and SE/Fuji (apart from being Taiwanese)?
Another technique for dealing with rust as it appears on the forks and other places is to use aluminium foil or an aluminium rod. You rub over the rust. You can use water, kero, oil or WD40 as a lubricant. This has some really worthwhile results.