I used an old 3rensho for commuting and its fine most of the time. There is no room for fenders, big tires, racks or anything but I don't usually carry much to work and back or on rides. Its light but the geo is really tight and steep. rough ride on the ****ty roads too. I am also lucky with bringing it inside if i want to.
If you have a track frame and you enjoy riding it go for it...but it might get kinda beat.