Leith the rear rubber bit is later PE but it isn't perfect. I would swap it for a used PE250B light but otherwise I'd keep it as it's the closest thing I have to the proper tail light
the colour is orange by the way..bright orange!
the bike will be black and orange and it's only loosly based on a PE. Find some RM80B/C covers and that'll probably do as it's only a bit of fun whilst using up some otherwise useless spares
kinda looks a bit like a Hodaka Thunderpuppy if you close one eye and cover the other