Bike Anti-Porn - When Things Go Wrong

I will test it with the new set up in order to know how its feel. Using 650c wheel will require a very high riser and it also will look awful. The good thing in a 700c wheel at front is that the BB height is very high even in comparison to a track frame. It is almost impossible cranks hit the ground.

Using a 650c wheel will NOT require a riser. It will require you to do the right thing, and sell this (once) beautiful bike to someone who cares, someone who isn't obviously totally blind... someone who knows a thing or two about bike aesthetics, someone who knows about safety and stresses.

Why do you think you get suspension corrected forks, and limits on the travel of forks on certain mtb frames?
If a frame is designed for 100mm travel forks, putting a fork with no correction, or 200mm travel will change the stresses in the tubing. This leads to fatigue in the metal, and the headtube will snap off. FFS, STOP RIDING THAT MONSTROSITY AND SELL IT.