This is my Schacht Baby Wolf loom after three hours, some steel wool, some elbow grease, and a 1/3 of a bottle of spinning wheel oil (general concensus was that it would do as "machine oil." :-) ) All heddles have been faced correctly for my left-handedness. All rust is removed from the heddle bars, as well as some Texsolv heddles that I didn't like.
Here's how it looked before:
I still have a little minor cleanup - some dusting mainly, and then I'm going to fold it up and let it rest until Fiber Retreat in March. I'm so excited to be taking class from Jeff Reynolds that weekend!