Regarding your headbadge: NEEERRRDDD!
Also, I like the grips and the saddle you used, though the rest of the bike does have a certain "a large portion of my income depends on collecting bottles from trash bins" feel to it.
Edit: For future reference, nuts and bolts are generally considered the preferred method of attaching a rack to a bike, but good effort. Let us know how that knotted wire (?!) holds up.