Hi - Thought I'd share my new build with a bigger audience than just the Folding group here. Once was an old ladies' Raleigh Twenty shopping bike; now it's my speedy folding commuter. Took a while to complete as the LBS took an age to lace up the 7 speed hub. Did my first proper ride (4 miles to work) this morning and she was really fun... Just thought people might like what can be done with an old 70's folding frame....
Ok here's the anal bit

Original Parts used:
Frame
Frame Bolt
Rear Rack (Sprayed with matt-black 'barbecue paint')
Handlebars ( " " )
Parts list:
2x 406 Diamondback Black Alloy Rims
2x Schwalbe Stelvio 'Dahon Speed edition" tyres
Shimano Deore V-Brakes front and rear.
Chili Works 1" threaded Suspension fork (cheap and cheerful and a bit 'divey')
Tange 1" threaded headset
Kalloy 1" Angle-Adjustable quill Stem
Second hand Scott ATB Brake handles (ebay)
Cane Creek ergonomic bar-ends
Shimano UN-72 Bottom Bracket, held in with Phil Wood rings
Shimano Tiagra Chainset 52 tooth with long arms (175mm?) (will remove second ring if ratio is workable)
Shimano SPD clipless pedals
SRAM Spectro 7 hub and shifters
SRAM silver link chain
Selle Italia lightweight road saddle
Altura Saddlebag
KF seatpost clip
Ultralight suspension seatpost
Cateye Lights
Marware iPod clip
No-name lightweight mudguard (rear)
Cateye Velo 5 cycloputer
You can see a full gallery of it at:
http://212.67.202.78/~littlepixel/twenty/index.htm