Blue, I'm not sure about, my Continential is Blue, my Columbia Roadster is blue, and I might end up with another blue Schwinn. Garage might be a little too Blue.

I like the downtube shifter Idea.

I have the alloy wheels (27 x 1 1/4) and Suntour deraileurs from a way too tall Taiwan Raleigh Olympian I stripped,(I still have the frameset if anyone can use it) I'll probably use those on the bike. I just remembered that I have a Pletscher rack I can use on the back, I'm going to try and scare one up for the front (Did they make one?)
Paint, brakes, cables and tires and I should be good to go. lol, and a couple of crank cotters.