Re: First time start up
Yes, there is a few things that are a must-do before starting that motor.
Change the water pump impeller
Check the timing/sync (see Clams post in the FAQ)
Inspect all wiring
Inspect/replace fuel lines and vacuum lines
Run it a little rich on oil if its been a long time since its last run.
I'd recommend that the carbs be cleaned, and its cheap insurance to replace the needles/seat and gaskets.
Change the gear oil, looking for water and metallic debris. Should be changed yearly, and inspected periodically for the presence of moisture by draining a few drops.
Thats a classic motor, and worth spending a few moments ahead of time to prevent damaging it. You might want to consider checking the compression values before hand to set a baseline for monitoring the health of the motor over time. Shoule be above 100 psi and within 15% of each other in all six cylinders.
Once running, make certain it is circulating water out the telltale, and not running exceptionally warm. You should be able to rest your hand on the exhaust covers when running without fear of scalding. Watch for hot spots near the upper cylinders (sign of poor circulation/venting).
Make sure if running on muffs, that you keep the rpm below 1500. Should idle at 800 rpm or so in neutral.
Visit the FAQ section, as there is a few topics in there that discuss specifically starting older motors that have sat for a long time.
Good luck.