Commuting - my newest transportation bicycle

I have enjoyed riding my newly-finished project bike, which doubles for commuting, transportation, and cycle-cross duty.

frame: 1971 Peugeot UO-8, 54 cm C-T

fork: generic "replacement," with less rake than Peugeot original

pedals: quill-style with toe clips and straps

crankset: Sugino Aero 165mm (instead of 170, to improve ground clearance while reducing toe/wheel overlap)

freewheel: narrow-spaced ("ultra") 6-speed Sugino, to fit the 120mm rear axle width

gearing: 12-speed half-step: 45-42 / 13-26

shifters: SunTour ratchet (non-indexed) barcons

derailleurs: Shimano Titlist front; Sugino Cyclone II rear

wheels: 27 x 1-1/4" 36-hole Rigida rims; Normandy Luxe Competition hubs

tyres: 27 x 1-3/8" 70PSI knobbies

brakes: Mafac centerpulls w/ KoolStop pads; hooded Weinmann levers

accessories: Blackburn rear rack; full mudguards and lights to be added soon

theft attractiveness: minimal

cost: minimal

Hi,
I also ride a 54. But I believe my legs are short for my size. Could you tell me what you think of the 165mm crank length?
thanks!

My new commuter is an old Diamondback Outback. I built a Suzue flip/flop hub one side fixed the other with a free wheel. With spacers this has worked out to be a "mule" of a commuter, even have fenders(finally).
Have had two problems develop with it in the first week, one was riding without the spacers the read spread pushed agains the nuts and loosened them to where the chain fell off, of course I forgot the wrenches, and had to push the bike to work. The second happened Friday night on the way home. The left crank's nut loosened and the crank fell off. So, now with spacers and the crank tightend, I am ready for another week of riding the "Mule."

Could you tell me what you think of the 165mm crank length?

I think they are about 7.5mm shoter than my 172.5 cranks.......

Sounds cool... love the "theft attractiveness" quotient of these bike-boom ten speeds, even the better ones.
Just bought myself a 78/79 Peugeot "Course" (not the slightly later PFN10E "course", which had vitus tubing-- this one has carbolite tubing) at the local thrift store for thirty-five bucks. Stronglight cranks and BB, nice simplex deraileurs, barely riden. Only downsides are an odd seatpost diameter and the fact the decals are faded from light on one side, but otherwise intact. I'm guessing the bike was stored for years. Everything on it is in very good shape. And it's even in my frame size (62cm).
Give it an overhaul and new cables and pads and it'll be a great around town bike. Don't think anyone'll steal it.