Hey steel fans.... you might be interested in this, especially if you race and are in or near Columbus, OH. This guy, who works as a mechanic at my LBS, is building steel race bikes & starting a team. Pretty cool, imo... I think the one frame he's built is about 3lbs? Not sure how that compares to your carbon/alum racers, but pretty cool regardless.
Site -
http://www.stanridgespeed.com/
Blog -
http://www.stanridgespeed.blogspot.com/