A red raleigh Mixte I just finished up for one of my girlfriends friends. It had drop handlebars this morning. I wasn't particularly excited to do the conversion, but I am pretty happy with the results, especially considering cost had to be kept as low as possible. That meant a rusty steel handlebar, used fenders that aren't in particularly good shape, and Bar wrap grips (Look ma, no tape!) I had some slender old alloy dia-compe levers that probably would have looked nicer but they just couldn't match the brake feel and available lever travel of the big honkin' chang stars I ended up going with.