What model Colnago is it? If it's an early Master or a Super or Mexico (very similar bikes) then I'm with Marty. There were many other Colnagos during the boom years which aren't real special. If you want to modify one of those for additional gears I wouldn't shudder as much as I would if it's one of the models I mentioned.
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“Life is not one damned thing after another. Life is one damned thing over and over.”
Edna St. Vincent Millay