Originally Posted by
BCRider
I'm currently in the same boat with an older Cannondale touring frame. I'm either just going to retire it or buy the Velo Orange BB. The only other thought is to fire up my shop machines and produce a press in threaded sleeve and then to set up the frame in my mill and bore out the BB shell to take the press in sleeve. And that is only practical thanks to the generous wall thickness used in the early Cannondales.
Bicycle Research used to offer a reamer/tap set that would ream an English/French shell enough to allow it to be re-tapped as Italian.