I have owned several old pushrod Campag. Gran Sport front derailleurs and the far more familiar and more recent swing-arm Records. The Gran Sport is great for half-step gearing (your 54-51 or my 49-45 on Capo #2), but the Record is better suited to the 8- or 9-tooth 1.5-step gears on my other bikes (47-38 on Capo #1, 50-42 on the Bianchi). Unfortunately, the first owner of Capo #1 had worn out the front derailleur's aluminum case, evidently by failing to keep the unit properly oiled.
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"Far and away the best prize that life offers is the chance to work hard at work worth doing." --Theodore Roosevelt
Capo: 1959 Modell Campagnolo, S/N 40324; 1960 Sieger (2), S/N 42624, 42597
Carlton: 1962 Franco Suisse, S/N K7911
Peugeot: 1970 UO-8, S/N 0010468
Bianchi: 1982 Campione d'Italia, S/N 1.M9914
Schwinn: 1988 Project KOM-10, S/N F804069