I'm meeting the seller today to buy an 83 Trek and am already thinking of putting a 130mm wheelset on it. Although I've owned several vintage bikes before, I have never tried this upgrade and was wondering what complications I was looking at. Is it better to have the rear cold-set, or is it OK to simply squeeze the hub on? Will the caliper brakes line-up properly? How will the chainline be effected? I have a 10 spd group that I'm thinking about using.

Thanks.