Tj M,
Nothing like jumping in with both feet! And you did look before you leaped! Any plan can be tackled as long as you have a sound plan to start with. I am at a crossroad as I am contemplating frame off vs. creeper time. Though mine runs, moves, and stops, needed repairs, cleanup, and detailing would be much easier with out the body in the way!
As far as the aroma, the grease and oils are o.k., but I prefer the mud, primer, and paint! They could call the aftershave "The Shop" or "Restore"!
Good luck and keep us posted on progress!