Originally Posted by bigbossman
Paint it blue, and pinstipe around the lugs in either white or gold. Get mswantak here to make up some custom decals (maybe a Frankenstein head for the head badge), apply them, and then shoot it a nice glossy clearcoat.
Build it with Suntour parts - cheap, reliable, and decent looking, and fit it with either down tube shifters or bar end shifters.
It'll be an inexpensive build, will look sharp, and be a sturdy, reliable ride.
What existing parts do you have that are usable?
I agree.
Consider painting the lugs black, those look really slick.
Also if you want it to be even cheaper, go to garage sales and buy up parts.