Snapped a new picture of my commuter today, and thought I'd share. Somebody gave me the frame originally; it'd been sitting in a yard for God knows how long and looked like this:
No, I don't know what that stuff was on the brakes, either.
I stripped it, brazed on new cable and STI bosses, and had a friend powdercoat it. I told him to do whatever color he wanted, as long as it was cheap. He says, "How about pink?". I told him to do his worst; I didn't care. My friends all stopped by to suggest pink with sparkles, rainbow stripes...it became the Gay Pride bike. When I went to pick it up, after all of that, he'd done it in black...albeit with sparkly clear coat.
I built it up with left over parts and a new headset, Nashbar long reach calipers, and brake levers. The rack is from a 70s Schwinn, the cranks, shifters, and derailleurs are older Dura Ace from a time trial bike I sold. Wheels were built and polished by me as well.