You don't need junior college to troubleshoot AC.
Treat it as a mechanical system. The O rings on the connections age then leak freon slowly. When system pressure drops below a certain point, a switch in the line shuts it down to prevent damage.
Minimum, you're going to have to replace all the O rings in the lines, and to do it right you have to remove the condenser (AC radiator) and clean it out with non-residue AC solvent. You also should replace the drier (can on the inner fender), and the new one will come with R134 fittings.
There are a fair number of R12 substitutes on the market that may be appealing for your case.
I like to slap a 134 adapter fitting on an unknown system and put in just enough freon to make it run til the lines are chilled. At this point you don't know if the compressor is seized, or if the clutch works, if the pressure switches are stuck, etc. Once you know the system works, it's time to focus on getting it cleaned out and sealed up.
You may end up replacing the compressor. Or the clutch. On the plus side our old huge compressors are high quality and long lasting. Or is your 79 equipped with the shorty compressor?
The system needs hooked up to a vaccum source before charging to remove the moisture present in earth air. Professional setups are nice but I make do with an air powered mityvac adapted to a hose from a quickcharge kit.
If you lack proper gauges, freon is added by lbs when done correctly. So starting empty it's not hard to calculate how many little cans you'll need. Similar for the amount of oil to add before closing the lines. If you're adding with little cans be sure they're flowing very slowly as you hookup so there's not air in the hose that's pushed into the system.
Like anything else, along the learning curve you may tear up a few parts, but it's really not the big deal it's made out to be.
If you invest in an AC gauge set now, it's going to answer questions for the rest of your life and will also let you do some troubleshooting with house AC.