Nice. If you are planning to commute/live on this frame I would follow Dolface's comments. Sealed parts are your friends! Bike Biz has sealed Italian BB's and other track stuff in town but they are spendy. Also look at Bike Chef on Jst, they have surley hubs and some track parts and a great staff. If you need a hand PM me. I'll be happy to help.
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I'm not one for fawning over bicycles, but I do believe that our bikes communicate with us, and what this bike is saying is, "You're an idiot." BikeSnobNYC