The frame is really nice - best £2 I ever spent on ebay! It's very light and got some really nice details like the loop stays and a kind of diamond wishbone seatstays. Bonded alu as well so the joins look luvverly and smooth. It's had a hard life though - more chips than paint and a big(ish) ding in the non-driveside chainstay.
I would like to make a proper bike out of it but after next week's tour it'll be pressed into service as my regular commuter - better than the tip at least!