Mine had been sitting for nearly 30 years. For the first firing (to decide if the engine had to come out or not), I didn't even bother changing fluids (no sense wasting fresh oil/coolant on an engine in need of a rebuild). Pulled the plugs, sprayed some WD40 equivalent down each plug hole, and spun it on the starter until the oil pressure came up. Stuck the plugs back in and started trying to make it run.
Fuel pump didn't seem to want to deliver fuel and there was some kind of funky valve in place of the original tap; so I wound up using a spare Facet pump for temporary fuel delivery. Points were way out of whack, so I regapped them and ran a new wire from the dizzy to the coil. A little carb cleaner down the throats, a bit more cranking, and it started. Since I hadn't dealt with coolant yet (some serious problems in that department), I shut it back down in just a few seconds. But that was long enough to give me confidence in the rings, bearings and valves.
For the second firing, I changed all the hoses and the thermostat housing. Oddly enough, something inside the engine water jacket was totally blocked, probably the dried remains of the old coolant. But after soaking in CLR for a few days, I was able to get good flow, including out the drain hole in the side. Buttoned it up and filled with just tap water. Engine started easily, idled well after I tweaked the mixture nuts a little richer and I was able to actually make the car move under it's own power!
Long term plans still include replacing the engine and transmisison; but for now I want to concentrate on getting the car back on the road. With any luck, it's off to the paint shop tomorrow!
BTW, I had not originally planned to remove the radiator, as it wasn't leaking and seemed to cool OK. It's been recored at some point in the past, because there is no crank hole. But I wound up removing it anyway and took it to the radiator shop to be checked out. Glad I did, as they said it was 30% blocked and they had to rod it out (remove a tank and force rods through the tubes) to open up the passages. I also had them replace the neck with a modern one, so I can use a higher pressure cap.