dude, you shouldn't waste so much time being such an illiterate moron who can't read a thread but nonetheless decides to post some mindless garbage that makes you look like a tool. good job. read the thread before you decide to post.

to the op: i love your project. a new bb/crankset and wheelset will make that bike ride beautifully. if you do decide to buy a new wheelset, a good place to start is bicyclewheels.com track section. Theres a good selection of wheelsets under $150 there. Another good option is bellsbikeshop, which posts a lot of sub-$150 wheelsets on ebay (example). If you don't see what you want on ebay, call Steve at bellsbikeshop and he'll either have what you want in stock or build you up whatever you want for no additional charge.

Another option to save a little money is build your own wheelset. its a lot of fun, especially for someone like you who has some time and some interest in learning about bikes. obviously, sheldon brown is a good place to start if you decide to go that route. probably only worth it if you have free access to some tools (stand, tensiometer, spoke wrenches).

edit: Spending a little money on a wheelset is my recommendation, even though the frame is low-end, because you can always put the wheels on a new frame down the road.