Originally Posted by zukahn1

Nice frame set OK price. But it won't really work for 135 spacing or 700c wheels. These were designed for fixed height relatively short dia-compe canti's so there is much or any room to adjust downward even with different brakes. You can get nice 27 touring wheels with 126 modern cassette rear hub to run modern gearing. I would suggest if you want to run 700's and modern gearing you look for a slightly newer late 80's early 90's steel frame designed for 700's and 130 spacing then you could just bolt any modern groupo you want without issues.