Thanks for the advise. I was looking at the prices for fixed gear stuff, and I was supprised to see how expensive some of the stuff got. Going single speed now, and fixed gear later sounds like a good idea.

I found an old steel Motobecane on Ebay that looks like it could use some attention. It has horizontal dropouts and looks to be in good overall condition. I have heard that they make quality stuff, but I have heard that it is a huge pain to find parts for old french bikes.

Would it be wise to look for another bike to convert, or just try to find compatable parts?