Thanks for the positive replies guys.
Even a comment on putting better quality stuff on it!
Just slapped the old chain on which was left in a baking tray in a damp room, its not the chain rusty, just some surface orange from the tray.
will give it a clean tonight!
i was embarresed about the rims because they are so heavy! I do want to get some lightweight rims on there!
its funny because people assume if you spend big money on a claud butler mountain bike that you know little about bikes.
I wanted to build a lightweight steel small trail bike. the frame cost 30 quid NOS.
I also hate the alu tosh they have been pushing out over the years, some of their bikes almost make me puke. But, I would have killed for one of the early nineties higher end bikes. there was no stigma to their name where I grew up around 90 to 95. this is they last decent steel frame they made, with the older font style graphics, before things went halfords.
Im fully aware of the brands history, and I know that this frame has no connection to it bar its name. but in its own right its as good as any Tange (insert respected mass produced brand here).
thanks for the interest, after the new wheels are built up its going for a final weigh in.
by the D521's though. Apart from the slight weight disadvantage over XC rims, you'll never break them. 
