Recently many of my mates have build really light smallwheelers (7kg range) so I tried to reduce some grams from mine. I gave up 32H capreo wheelset and got a japanese AM5 406 lightweight wheelset. As I cannot use 9-26T cassette on standard hubs, I fitted TA 60T chainring instead.
This is the AM5 wheelset from japanese bicycle brand 'Tyrell'. It uses AM classic hubs and bladed spokes, and it only weighs 1147g. They sell even lighter wheelset, AM7, which only weighs 970g!
I changed the nipples to red ones. Shown is the complete wheelset w/ QR and velplugs (which act as rim tape)
These are TA alize 60/42T chainrings. They actually shift reasonably well!
Complete bike. Current setup weighs 8.3kg (sans pedals) and I'm planning to swap handlebars,saddles,tubes to make it under 8.0kg.