It'd make a great platform for a SS/FG. It's not particularly valuable, and is bombproof. There is an adapter kit out of the BMX world that will allow you to go to a better bottom bracket/3 piece crank, as well, and will make it a lot easier to get the proper chain line and crank gearing.
Look here for a little bit of info
http://sheldonbrown.com/opc.html
__________________
. “He who fights with monsters might take care lest he thereby become a monster. And if you gaze for long into an abyss, the abyss gazes also into you.”- Fredrick Nietzsche
"We can judge the heart of a man by his treatment of animals." - Immanuel Kant