Not to dissuade you from your plan, but if you are just starting off on the track, as I am, I suggest a Windsor track bike form bikesdirect for $300 shipped. Can't get any cheaper than that and the bike is pretty good for the money. Good steel frame, 165 mm cranks, short wheelbase, medium steep angles.
The only thing that you really need to add are good clipless pedals.Or if you want to use the toe clip pedals that come with it, just a good steel toe clip and some good straps.
Il faut de l'audace, encore de l'audace, toujours de l'audace
1980 3Rensho-- 1975 Raleigh Sprite 3spd
1990s Raleigh M20 MTB--2007 Windsor Hour (track)
1988 Ducati 750 F1