I've referenced this bike in several other threads. I drove 3.5 hours round trip and gladly paid $135 for it this summer. It was intended to be my winter project, but I'm impatient and want to see it on the road. I received the frameset and fenders back from the powder coater this week. It was done in a three stage "molten copper". It's an interesting color that changes in different lighting. Everyone that has seen it really loves it.
I replaced the headset (rusty cups) with a VO JIS headset. The fenders are VO 48mm fluted aluminum fenders powder coated to match the frame. It'll get a VO Pass Hunter front rack and eventually a rear rack and a front lowrider rack (can't decide on new racks or vintage Blackburn).
I'm putting the wheelset from my rando bike on this one and getting a lighter/faster set for that bike.
I have a set of the new Dia Compe bar end shifters for it, a Nitto Noodle, Shimano SLR aero levers and some other cool bits. It'll get braided SS housing.
I'll update this thread with more photos as the build progresses. My friend Beth took these photos yesterday outside my LBS.