Dude I say this....Re Lacing Hubs and making wheels are a pain in the neck if you dont know what your doing. What I would do is look around, ask people, for some old Raleigh Grand Prix or a Peugeot px10 something to that affect and make it a nice FIXIE/SS Ride. Firguring that your Trek isnt old at all. Sell it on CL or somewhere and make the money for the other bike and save the rest for gambling money. Mohegan Sun here we come!