I'm following this auction, too. Luckily I don't need another aluminum track bike, so I won't be bidding.
Anyway, it seems like good frame with what appears to be solid "pursuit" geometry that should suit you in any mass-start or individual race just fine. The only thing that bothers me is the proprietary seatpost, but it seems pretty unlikely to fail, so I wouldn't really worry about it.
The best part is that it'll probably end up going for cheap, since the season is pretty far off and I don't think many people are buying non-street fixed gears right now. The last two I watched went for less than $400, as I recall.
Last edited by bonechilling; 01-20-08 at 12:23 AM.