Join Date: May 2010
Location: Madison, Wisconsin
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I was going to respond yesterday but didn't feel qualified. I'll give it my best.
The frame is really really cool. But IMO, $500 is too much for the bike as it sits. If it was original with all the geared components then yes, but this is a single-speed build with lots of oddball parts I personally wouldn't be interested in, especially the mis-match wheels.
If you're just looking for wheels and brakes I'd buy them individually or look elsewhere, I would not risk getting your money back on this frame.