Here is the Peugeot, well along the path to success.
Forgive the funny color, something's wrong with either the camera or iPhoto.
So far I have overhauled the rear axle (it was snapped!), replaced spokes on the rear wheel, tried to true it a little bit, and replaced one of the chainwheels on the Simplex rear derailleur.
I am going to "convert" it to drop bars (as the original brake levers, while quaint, are awful) - I have a spare set of Nitto bars and some nice Shimano levers from my Bianchi, so this will become a decent touring/commuting/city bike. It will be a 5-speed, with the front derailleur used just as a chain guide.
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