I agree that you should do whatever you want with the bike and don't really care if you converted it to fixed gear (so long as you didn't shave any bosses or anything). But if it were me I would have left the original paint at least. Also, I think the white crank on white frame looks a little tacky, but I'm interested to see how it turns out. Good luck with the rest of the build.
Also, I'm not sure what you mean by "get a new rime for front tire(matching w/ back". If you're meaning to get a blue deep v rim to lace to the front hub, it will probably be cheaper and easier.
EDIT: Just noticed I didn't finish my thought at all...
But I was meaning it would be cheaper and easier to just get a new complete front wheel rather than lace a new rim to the existing hub.
Last edited by TheBikeRollsOn; 05-17-10 at 12:24 PM.