This is the m64 kyman based his run in, changing the .st of course:
http://www.youtube.com/watch?v=1eWF5bR492g&fmt=35
It doesn't require the special tj, and this video shows a more optimized version of how to climb the mountain:
http://www.youtube.com/watch?v=aYcn68e6zKg&feature=channel_page
http://www.youtube.com/watch?v=wTroYOeWe5Y&fmt=35
New strat for 2 stars in RR , cruiser and somewhere over the rainbow.
A good thing to note is that lakitu's manipulation is easily possible in the 120 star run.
One thing I noticed while doing the slope part is that once mario lands from the grind having no input in the dust frames lets mario do more walking frames before he slides down, allowing a smoother turn to the pole.
http://www.youtube.com/watch?v=cwdg01M9w54
A strat found by Myles that was put to work and proven to be fast by LalaSM64. Probably faster than doing the TJ wallkick previously used, as this avoids grabbing the ledge, it should be combined with this run in the 120 star run:
http://www.youtube.com/watch?v=3C4MyKZwqF4
Also according to Lala, a glitchy wallkick and a grinded double jump can be performed, making the strat even faster