It's coming along nicely. Concur with your opinion on the water bottle cages and bar wrap. I'm thinking the water bottle cages should be stainless steel and the bar tape should be a in a different color... yellow or yellow cloth tape shellac'd to turn it dark brown?, maybe a glossy black tape will work better. Maybe others can come up with a better idea.
To fix the tilted down front rack, try to bend the piece that goes into the fork until the rack is pretty much level. Will you be commuting with it?