Sounds cool!
What kind of paint do you plan on using? John Deere Blitz Black?
As for wheels, do you want something with a classic look, european look, or something else? There is a thread going right now with some nice 5zigen (japanese) wheels that are black with a polished lip. If you decided to do disk brakes and you are willing to change the bolt pattern, your options are endless. Here is that thread I was talking about-
http://www.germanlook.com/Forums/showthread.php?t=6134
Good luck!