Thanks for the input. Well it sold on eBay for $102.50. Not sure if this was a good price or not, but I guess it beats collecting dust in the basement.
I have a '74 Racer 3-speed, boy's 40cm (give or take) which was bought new for me way back when I was only 7. I probably rode this bike for only a couple of years before growing out of it. I'm now 3 ...