Wow, lots of good info. I don't really know what's good or bad, thanks.

The goal here is that I want to build a bike and I want to use these vintage parts because they're beautiful. Well, and vintage. And I like to build things. And I like bikes... And I don't have the coin to drop on a Campagnolo Record group set.

The bike itself... I would like to build a 27in road bike. Brakes, Weinmann center pulls would be great with Dia Comps safety levers. I'm thinking Shimano for the derailleurs and shifters, looks like that would be affordable quality. Cranks... Matching Shimano would be swell, but I haven't investigated that part yet. Wheels, the Normandy high flange hubs can be found and fixed up for not much, not the Luxe though, the rep is that they have soft races? Rims, I can get a set of Rigida or Weinmann 27 1 1/4 from the LBS for 20-30 a wheel, with hubs.

Repaint, no problem there and I probably would anyway. I wouldn't do a rattle can, if I'm putting the time in on this I'll drop the coin on a nice respray.