I've been using a Shimano cassette hub (can't kill it HB2200) on my Peugeot conversion for going on 2 years and some 2000+ miles. I was using cogs off a busted up cassete but switched over to a BMX cog simply cause I got a couple on sale.
Sure it may look a little odd (standing still) but it's very cost effective and the infinitely adjustable chainline can't be beat.
This is Africa, 1943. War spits out its violence overhead and the sandy graveyard swallows it up. Her name is King Nine, B-25, medium bomber, Twelfth Air Force. On a hot, still morning she took off from Tunisia to bomb the southern tip of Italy. An errant piece of flak tore a hole in a wing tank and, like a wounded bird, this is where she landed, not to return on this day, or any other day.