I quite like it, except the colours, although personally if i was going to get custom Polo frame made, i might insert a curvy seat tube ala the old skool grass bikes to get you right over the back wheel...
http://prollyisnotprobably.com/2010/02/damp_butterbean.php
@Dr_Chan started
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http://prollyisnotprobably.com/2010/02/damp_butterbean.php