Per Gary's suggestions, (a) will check pilot & trailing truck conductivity & modify as needed and (b) agree on desirability of tender center rail pickup, but identifying a suitable part is my challenge.
Here's a picture of the tender with rusty wheels:
Despite that, it runs reasonably well! No rust is apparent on the locomotive. Sunset may be able to provide equivalent wheelsets, but I'll have to send Scott a wheelset for evaluation.
As for the electronics, I recently converted the similar 3rd Rail Niagara to ERR. I would use the same ERR boards, Cruise Commander (DC) and "large steam" Railsounds, of which I have two virgin sets, on the Hudson. Unfortunately, the Lionel wheel tachometer sensor that generates the chuff signal for the TAS configuration doesn't appear usable, due to its low current sinking capability, with the ERR boards (and the smoke unit), so I would need to replace it with the ERR RS kit's reed switch or GRJ's motor-based chuff generator. IMO, the whistle of the ERR board is at lower volume than the bell and is rather wimpy, compared to the Lionel "generic" that is implemented via the TAS SAW mobo (or so it is on my Niagara). But a combo of Lionel boards for RS and ERR Cruise would cause fit issues that I'd rather not overcome. And prepping JST connectors is NOT FUN.
(b/t/w, the nude chassis behind the tender is a 1990s MTH GP-9, about to get a Blunami installation)