I've just received back my old Raleigh Aardvark (anyone know anything about them? I presume that it's skip material) from a friend - I've had it since I was 5 years old (won a bike in a competition but they sent me an adult bike instead!). Been thinking of doing a similar thing to mine.
Never heard of it, love to see it.
Some update on the Raleigh:I had a problem with finding a stem that fits.
In the pics is the original one, bit it is to long, I really don't like this lazy steering.
I have a few other 1" stems lying around, but the inner tube isn't the normal size 22,2mm, but 21,1mm.
I've been looking for such a stem, but couldn't find anything but race stems with negative raise and 50-60mm long.
So I had a 22,2 stem CNC'ed down to 21,1mm, and it works fine!
I also fitted another crank and ring with a better ratio (42-16).
Will make some pics next week.