Welcome to your new obsession Christopher.
Have no fear about abilities - they are simple machines and a decent memory of where things came off is probably your best friend. That and a manual of your unit that I'm guessing will be in the forum somewhere..
There's a few senior members that will give you better info on the specific piece you're having issues with and I look forward to seeing what you decide to do with the colours - they're your choice! Look online for ideas, but put your own flair to it.
Are you going to continue to use it when restored?
Cheers,
TC.