Clean/strip/restore all the rotted metal, put in w/shield per normal, then when assembling the trim, over fill the gaps with black RTV from a caulking gun....
when you put the body back together, make sure you totally fill any gap between the fender and the metal parts, fill completely with black RTV,
I did mine this way 16 years ago, no rust....
second trick, mine is a convertible, that top stainless wrapping is 2-3 pieces, and as such prone to leaking/passing water under it.....I had the same problem on a '72 Grandville convertible, no matter HOW TIGHT I clamped those tops down they leaked.....my '70 Lemans GTO never did leak......the goat was factory vinyl wrapped and so on the vette, I took some black vinyl from that window channel, glued it to the installed stainless wrapping it totally, and I have NEVER had a over top leak since....80 mph into a hurricane and no leaking....
now on this 'new convertible top' I would love to solve the side window glass leaks....what I PIA, going to take a damn knife to it yet....
:twitch::surrender: