basicaly every thing looks ok. this is what the guy told me

"
The BB is the one that came with the frame, so it is probably a Suntour, but truthfully, I've never had it apart. It uses some lockrings that I don't have the tool for. It spins nice and smoothly with no slop. It has the original Raleigh square taper cranks (probalby rebranded SRs) that I spent some time polishing... probably could use a touch up. IIRC the cog is a Campy 16t cog, but I could be wrong. I'll go check when I get a minute. The front wheel is an Araya bronze ano on a Suntour LePree hub I bought when I ruined the bearings on the original one back in the mid 80s soon after I originally bought the bike.
The front hub is a SunTour LePree hub from the 80s. The rear is an Italian made Omas hub (campy cog threading) with Phil Wood lockring, but not a flip flop. It is laced half-radial.
"
i do have to say im let down about not haveing a flip flop hub, thats pritty important were i live. but other than that it looks good. , i will need to replace the handle bars though. but not a big deal i can take care of that.