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something of an oversight on the designer's behalf
Not so much an oversight as Isaac being cheapskates and re-using the Joule TT bike as a "track" bike with just a swap from dropouts to track ends, instead of making a new mould with the right BB drop for a track bike. Adding 10mm to the fork length to make it high enough is an appalling bodge.
I imagine the stock BB drop is 60mm, like their TT frames, but they had an optional set of track ends and a tall crown race to lift the bike a bit higher, see http://www.timetriallingforum.co.uk/index.php?showtopic=76343
Probably too late to get a set now as the Velocity was on my shopping list two bikes ago :-)