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Definitely not - although I have removed the front wheel reflector making it circa 15 grams lighter...
New blue brake cables fitted, wheels trued and bearing greased, roller brakes serviced, Nexus 3 Speed kit removed as I don't have the 'prong' or 'plunger' that links the hub to the rear gear selector.
Just needs a new front tyre and smaller rear sprocket.
EDIT: Front tyre fitted - A 24x1.75 budget one (8,95€) and also found an 18t Nexus rear sprocket at my LBS which is still too big but hey, at 3€, it is still better than the 22t that was fitted.
The bike will be back in London this weekend so be easily be spotted...
Is it going to be a weight weenie project?