My wife wanted a lighter and faster bike and back in 2007 I found this Peugeot in bone stock condition, (which was okay), but she likes a very upright and laid back position so the stem and bars had to be changed, she only rides on Brooks saddles, and I upgraded the wheels to 700c with a dynohub and fitted a NOS Sachs 7 speed (index) system as she does not like friction shifting.
I also built the custom rack to accommodate her Carradice shopper which is a larger bag and this provides for better heel clearance.
She owned a Peugeot like this when she was younger and it was the same colour... I plan to strip it down in the fall and powdercoat it as the frame needs a refresh and she has asked that it becomes sage green.
I will also build a new rear rack and integrate that with the frame before it gets new powder.
I work for smoochies here...