To hell with the naysayers. $500 for a new OX Platinum frame is a nice deal indeed, and Kelly makes some good stuff. Man, if I hadn't just spent a load of dough on a new fork, I'd be real tempted to pick one up myself (FWIW, my current 4 bikes are all steel).
So do you know what you're going to build it up with yet? And remember, we need pics!