Ah shades of the skater subculture blowing up in the late 80's...and so one and so forth, and the wheel of marketing continues to spin.
I'm not going to hate on someone who rides a jeweled bike, as long as they can ride it without inadvertently getting themselves/someone else crashed or killed.
As soon as you get sketchy in traffic that's it, back to parking lot with you.

xsnakobx---I agree w/ carleton. If you are actually racing on the track, you're better off w/ aluminum and looking at something like a fuji track pro, bianchi super pista, leader, cinelli vigorelli, etc.

BUT, in the interest of proving my point, i will name some steel framesets that fit your description:

-Alien (lugged, good quality, track geo)
-Soma Rush (Not lugged, nicer steel, trackish geo)

they both run in the $500 area. The Soma is coming out w/ a cool new look for 2010 (blue) and since it doesn't come w/ a fork, you could put a CF fork on there to make it a bit lighter.

EAI has several nice TIGed frames in the $600-$900 range.

It shouldn't really matter my reasoning for wanting steel; the fact is that you can't come up with an answer, which is my point.

Your desires are absurd...which is MY point.

Do you know how to read? I just gave you two frames that fit your description perfectly. If you are just tryiing to be a prick, do it elsewhere.

Seems like a cool idea. Make a bike that looks cool and popular, and then make it steel cause that's even more cool and popular.

But like somebody else mentioned, I would be worried about buckling with oversized tubes like that. To make steel bike with that sized tubes they must be drawn pretty thin. But I guess its supposed to be able to take abuse so...

Paké track frame

https://store.somafab.com/pacrtrfr.html
on the heavier side, BUT it's indestructable, 259$