So I'm building my first fixed gear. I got a decent frame off of craigs list and am now looking at collecting all the components. I had saved up some money for this so I'm going fairly high end, but won't be able to build another bike for a long, long time.

I've decided on a sugino 75 crank, but am not sure what bottom bracket spindle length I should go for?
I read somewhere that the 75 took a 109mm spacing? My rear dropouts have 126mm spacing so I'm unsure how that will affect the chainline or the bb length.

I'm thinking about a PhilWood BB for duribility and adjustability(I usually spend more than I should up front but expect it to last forever) The BB shell is Italian threaded and measures 70mm wide. The phils that come in the vincinity of the 109 figure are 108, 110.5, and 111. Which one?

Definatly going with a Phil Rear Hub, probably 18t cog and 19t freewheel, 46t up front. (I have a few small to medium hills in my daily 8 or so mile path)

Any help would be much appreciated, thanks.