Alright...phase I is complete, so I figured I'd post up my progress so far, for those interested
I set up the apparatus using an old trashcan and a 10A car battery charger with some cheap alligator clips I found laying around in a closet. The cathode is a $4 stainless steel sifter (of the flour sifting variety).
I decided to live dangerously and run it at 10A instead of 2A...I figured hydrogen brittling would likely not be a problem on a gun that I dont quite intend to fire, and it can always be baked out if I change my mind in the future and decide to tempt fate with my fingers.
The process leaves the rust brittle and easy to wipe away, while the underlying metal turns a dark black color. Using fine grit sandpaper, I went over each part until the blackness was removed, leaving shiny steel underneath. Pitting was noted along the barrel and grip, and unfortunately cannot be removed...it is, however, much less severe than one might have thought previously.
After I was done doing my first run over the gun, I put it all together to see if the action would cycle. It does, even though the springs are still rusty (electrolysis leaves them too brittle to function, and theyll simply snap under strain...didnt bother running them). Note that the safety lever appears to be snapped off.
The other side.
Note that the serial number has been recovered. It is 70079.
And...that's all for now folks. I want to take it completely apart but I dont quite know how to do any more than field strip it...there are some pockets of rust in the inside that I cant reach, but Ill figure it out eventually. Pulling the trigger doesnt do anything, and it appears to be jammed up...the trigger assembly appears to work well, but whatever it is supposed to connect with in the body of the pistol doesnt seem to be working correctly. A problem for another day...now I just need a new mag and some grips that dont look like they were harvested from fence planks.