Is this steel right??? 100% racing machine right?

Well if you want something aggressive I would go 73.5 in the back and 74 degrees in the front. Stays made to fit only 23 mm tubulars in there (short dropouts), why? the chainstays will be shorter, climbing and sprinting will be nasty nice, very snappy.

74 degrees in the front, the bike will turn in a dime and cut curves big time, and if the fit is right the complain i'll get about the woobble of death it wont be present ever. And since pelizzolli bikes rock big time you wont suffer of this ever, his forks are like 35 mm rake so it will hava a nice handling.

Shorter rear end will bring a shorter wheelbase, there u have it, the bike will handle super nice. Hope you can handle the bike, some guys can't really handle snappy guys because their handling bikes abilities just SUCKS!

Good luck with the bike, please post pictures when you get it