Bottom line Tim, it's your gun. Do whatever pleases you. Fixing up an old gun to use as a shooter can be fun but only very seldom will it ever be an investment.
Seems to me you have quite a bit of cc and the screws don't look bad. Restock and reblack the barrels as you suggest and you should be good to go. I didn't see what it was choked but depending on what you had in mind you might want to relieve the chokes if it's too tight for clays or upland hunting.
Again the gun is your canvas and your the art director. Have fun!
PS. When recoloring a frame there is always a chance the frame will warp in the process. If the frame is not blued or polished to look like chrome I'd leave it alone.
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