I guess, at this point I ought to make some clarifications. Me and my [step]granddad are not blood related and the bike is not a family treasure. Just like that. I only got the bike, since otherwise it would go into the bin, and the fact that me and my granddad have similar builds is just a coincidence. I like him nonetheless, he is a great guy but I doubt there will be any difference to him whether I restore this bike or any other old bike. There is no sentimentality about it.

I've only took it because I've thought that it could make a fun project AND a good ride.

Now, I've brought up carbon bikes as a comparison only. I guess it's my own fault for saying "new" and "carbon" in Vintage section And Campagnolo got in here since it's groupsets are the most retro-looking out of the big 3.

Having a second look at Campag components, I've became more inclined towards SunXCD stuff. Especially their 120mm rear freehubs. The frame dropouts are 121mm so I'm thinking whether use Sun hubs and make a cassette myself as well, or respace frame one size up.

The reason I'm not so inclined on old components, is that they cost just as much as new ones, often even more yet practically don't offer any advantages. Yes, people make good money on the die-hard vintage fans. Of course people would argue that vintage bikes are made only for looks and no one is expected to race on them, so "practicality" is overvalued and the components must come from the era. Well, I'm not planning to race on it either. But I guess I'm not devoted enough. After all metal fatigue still exists.

Don't take me the wrong way, I'm completely sold on the idea of making it a nice looking retro bike. But those Williams chainrings are long since gone. (someone here have tried to convince me otherwise).