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I'd say the whole drivetrain has been replaced to get touring gears - wide freewheel, long-cage RD - probably even the crankset (maybe not, that could be a Strada - close up?)
I dont know much of anything on lightweights....i thought it could be a p15 with the triple crank up front and a possible shimano crane (schwinn approved gt300) which from what I read they switched to in 73? Again...know next to nothing so likely very wrong lol
It appears to be a 1973 or later P15 model. The reflectors are from '74 so it may be from that year. The drivetrain on that bike appears to be all original '73 and later P15 equipment. In fact everything there seems original, it is missing only the toe clips/straps.
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