Here she is after some final pre race mods (the discs and the seat/post).

This bike started as a Bikes Direct Mercier Galaxy AL which I posted in this thread last year. After getting the itch I have since done the following:

PZ Racing Aerobars and Drop Bar
Campagnolo Veloce 2007 groupset 172.5 Compact 50/34, 12-25 cassette, skeleton brakes
Fulcrum Racing 5 Evolution Wheels
Profile Design fast forward seatpost
Nashbar Triathlon seat
VDO C3 DS wireless computer with cadence
Wheelbuilder.com disc covers
Shimano pedals/Tri-shoes

The only parts left of the original bike is the frame, fork, and cane creek headset, I paid $500 for the bike originally, after buying all those parts and selling the original Sora groupset and Alex wheels on the bike, I am only into this bike for $850. Plus I bought an 80's Bianchi Sport SX from a friend for $50, cleaned it up and dumped it on ebay for $300 to offset the cost as well!