1. Made the connection between Fixed conversions and chopped/racked MC's too!
2. What is killing the fixed conversions is that some people are cold setting the frames to 120 mm OLD or even 110 OLD. There are even people removing (by any hackery means you can think of) all the braze-on's and down tube derailleur bosses. That is kinda hard to recover.
3. In answer to what will sink the value of a bike, I would propose that this is a major torpedo