I think the stickers give it street cred and I would keep them. As for the paint, the finishing touch after you do all the other repair, which we haven't gotten to yet, is to go over the bike with 409, then rubbing compound which is very gentle and only removes chalky film, then you wax it. It will look almost like new paint. But don't do that until you repack all the bearings etc.
More later.
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