I’m really glad you guys are here… all these comments are definitely exciting my interest in the car! I actually ran out to advanced auto last night to grab some PB blaster but unfortunately they were completely out but I was able to grab some elsewhere… I’m thinking I’m probably going to run over tonight and get the crap shot down into the cylinders and soak for the next couple days…
I’m definitely excited to get my hands dirty as I really haven’t done much work other than typical maintenance… (oil change, trans gasket/filter, spark plugs… etc) But I do have a decent amount of knowledge with cars… But I feel from your guys comments that this is a good ‘beginner’ car to jump into.
Airhead - surprisingly, the car has held up pretty decent… the rear quarter panels have suffered the worst (I’m going to have to grab some pictures hopefully this evening if the sun is still out… if not then tomorrow) But basically it was used as a Sunday car to and from church for a while (when my great uncle was ever home because he played for the Yankee’s before they were the “Yankee’s”… [I need to do a bit more research on that])
But basically in '73 it was stored in a garage I believe because he didn’t drive anymore. I never knew him but I think he drove a different car at that point but still hung on to the Galaxie… But I’m not 100% sure on it…
But hopefully this winter I can really reek some havoc and get the car up and running! As of right now I think the brake system needs to completely be redone unless there’s some way of reviving it. I’d obviously do new drum brakes etc but there’s absolutely no pressure in the lines at all… (it was fun getting the car out between houses where there was only 2 inches clearance on each side with just using an e-brake) 
Now when BrockwayMT says filing the points… What points are you talking about?