I know that question has come up before.
We've been answered.
http://handsomecycles.com/ha/index.php?id=61
Is it C&V? Eh, at least as much as Rivendell is.
Is it still cheaper to buy an original XO-1? Yes. But you don't have to spend six months in eBay bidding wars to get one.
Is it lugged? No.