I am new to fixie and am looking to either build or buy my first. Right now I have an old Schwinn Traveler that i could convert. It would need new wheels, bb, headset, tires, and chainring.......... this seems like a lot to invest in a a heavy old frame. My other option would be to buy a new bike (i am looking at the surly steam roller). While the building on the old frame sounds fun i am worried i would spend a lot more in the long run.

Any thoughts?

Thanks

PS: the traveler is ugly teal green.