UPDATE:

It's done!





My first impressions:
1) Fixed gears are fun, and quiet.
2) Skidding is hard.
3) Trackstands are tricky. I'm decent at them on my road bike, and I thought they would be easier on a fixed gear, but I'm just not good at pedaling backwards yet.
4) I want some better (and bigger) clips and straps.
5) The varsity is heavy (yes, yes, I know you all warned me, don't bother with the "I told you so's"), and the fork rake is huge, which feels funny. I'll probably get a new frame as soon as I start my summer job and have some money, but I'm glad I at least have another bike to ride for now.