Hi Jim, looks like a step in the right direction - thanks.
I tend to agree with you about the carriers if I decide to keep it! It rides fine but seems ponderous compared to my other bikes. Of corse with the rain we're having a 'submariner' seems just the thing!!
I don't know much about Bridgestones from that period, but I do know of a stainless Bridgestone bike called the Kabuki Submariner. Yours seems to fit the description pretty well:
http://sheldonbrown.com/japan.html#kabukiThe Kabuki line used some unusual construction techniques, specifically, a system of sticking the frame tubes into a special mold and forming cast aluminum "lugs" in place around the ends of the tubes. The most notable of this line was the "Submariner" which used un-painted stainless steel tubing, and was marketed in seacoast areas for its rust-resistance. Because the cast aluminum lugs were not flexible like steel lugs, these bikes didn't use a conventional seat-post binder. Instead, they used a seat post with an expander wedge like that of a handlebar stem ... you had to remove the saddle from the seatpost to adjust the height, then re-install the saddle!http://picasaweb.google.com/lh/photo/I2 ... f5BFB47T7A
I think it would make an interesting urban runabout. Personally I would lose the racks and gears to get the weight down a bit, but keep the mudguards. Perhaps keep the front dynamo light, but put an LED on the rear. A fixed gear or drum-braked Sturmey on the back ...