Apart from the single speed - one brake thing (which i'm guily of myself) if you're going to go to all that effort of a respray, new wheels etc. maybe a cycle speedway bike to get round the fact that (like me) you're one of the little people is a better idea? http://cyclespeedway.biz/images/baileybike.jpg
Then you get horizontal drop outs, potentially slightly smaller wheels, but they're intentially made smaller... I got my girlfriend one, she's only 5' 1 or something and it suits her. That and I like cycling on a bike with pink tassles on it.
why did you post that link? im going to say something about skin suits, then we are all going to get sued again.
why did you post that link? im going to say something about skin suits, then we are all going to get sued again.