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@Hammo
On this topic, sort of,
What the general consensus on re-spacing the rear of an old mercian? I've got this 1960 mercian (KOM?) which needs a bit of love. I've got a whole heap of old shimano road kit, no money and feel like the only way it's going to get ridden is if i re-space the rear from 120 to 130mm and shove on the shimano stuff. I was thinking about it as a kind of long range tourer or something. Otherwise, i'll leave it as it is, get it sprayed at some point and then sell it.
In moustache bars we trust,
Chris