Jobafa Rallye

Here is my touring-converted-to-road bike. At first it looked just like on the first photo except the handlebar - it was dropped and the chainrings - they were 52/42. At the moment the bike has:

Frame: Jobafa Rallye - old German steel, mid 70's;

Fork:I believe it's the original so it's steel too;
Stem: Lepper
Handlebar: Unknown;
Bar Tape:Black Leather

Brake Levers: Weinmann - originally it was with Altenburgers;
Brake Calipers:Weinmann 730 front and 810 rear;
Brake Pads:MTB pads front;old road pads at the back;

Shifters: down tube shifters from russian road bikes called 'ХВЗ';
Front Derailleur:Shimano Acera;
Rear Derailleur:Shimano Acera;
Cassette:Shimano, 6 gears, 14T-28T;
Cranks:Tracer DuraBi;
Chainrings:53T/39T;
Pedalsrdinary pedals with hooks;
Rims:front alluminium 700c rim; rear Schurmann steel rim 27" size (to be replaced)
Hubs:front and back - Union;
Spokes:Union;
Tyres:Wolfer 28-622 front; Kenda - 32-630 back;
Saddle: Unknown PVC saddle with label 'Special' on it;
Seatpost:Rusty steel - to be replaced with alluminium one;
Bottle Cage:Alluminium cages;
Extras:A headlight, bag under the seat and computer;
Weight:Without the extras - 11.5kg;
Bike's original colour was the green one from the first picture so I tried to paint it white but after 2 weeks my perfect white paint started to fall and it was too easy to scratch the paint. So my frame need to be repainted and I am collecting ideas from you guys I am open to any suggestions even the crazy ones After the paint, I want to buy new seat, alluminium seatpost, clap-on pedals, new front tyre 700-23C, new brake pads. I already have new rear aero rim with 24 spokes, Formula rear hub, 7 gears cassette - 14-28 and Michelin Dynamic 700-23c tyre. I know that this was originally a touring bike but I want to make it as lighter as I can but I keep my fanders, my old headlight even the ringer, but I don't have them on photo. Finally, excuse me for my english. I am from Bulgaria and I would like to read your oppinions about the bike and its future Here are some pics:

Here are the pics:

More pics:

And the last two with the original look of the bike:

Some fresh photos...I noted that there is low interest of my article. Come on guys, comment please Any one heard of Jobafa bikes? I wonder where is their place among other manufacturers - low, mid or high quality?

I wouldn't say high quality.
Maybe low end?

"The name stands for Joseph JOBAFA Bachtenkirch bicycles".
I think they were Norwegian?
Made bikes in the 70's and 80's.
They went bankrupt in 1986.

Looks like a nice, solid bike though.
I'd just ride it and enjoy riding it.

The lugs look interesting - any chance of some close-ups?

I wouldn't think it's a high-end bike but like Law says: as long as you like it and you ride it... I once met a guy cycling across Europe on a cromoly Raleigh with steel rims. He was having a great time, and the local boys on the Looks, Times and Colnagos were all impressed.

How about some pictures of it in the Bulgarian countryside?

"How about some pictures of it in the Bulgarian countryside?"

That would look quite cool.
Remember it might look quite boring to you, but your countryside looks interesting to us.

@law - I really enjoy riding it. Although it's a road/touring bike it rides very smooth, may be the big tires - 32mm at the back and 28 at the front? I'll write my oppinion when I install the 23mm's.
@Rich34 - Here are some close-ups of the lugs. It is really interesting especially at the back, under the seat. Sometimes I am afraid of breaking it because it seems really fragile at that zone. What do you think? Does it look fragile?I've seen a lot of pictures of different type of lugs but I think that this is unique. On the other hand, here at Bulgaria we have a lot of holes and bumps on our roads and bikes accept them quite well And no, I am not boring at our countryside because I really love it! In my area there are very good hills and almost no traffic at all so the riding around here is really amazing. I have some photos from the last summer and will search them to post here.
I have little braking problem. Even I read all of Sheldon Brown articles (http://www.sheldonbrown.com/), I cannot understand why my Weinmann Type 730 front brakes flex...And they really flex a lot! If you are interested I will make a video. With my fork made for 27 inch wheels, I cannot install short-reach brakes, but why long-reach are so flexible? They move fordwards when I try to slow down and the stopping power isn't enough even when I am with bigger MTB brake pads. Any suggestions and advices?

Cheers mate - I love those lugs and I reckon your bike deserves a nice paintjob to really set it off. As for fragile, the words "German", "steel" and "fragile" aren't often seen in the same sentence so I wouldn't be too worried. Unless the Germany in question was East Germany...

Can't help you on the brake issue I'm afraid - what sort of rims are on the bike?

It's always good to see something different. Bring on the countryside pics!