Send it back and chalk it up to experience - You'll never be happy with it and it'll always have negative memories. Wait for a better one to come, and buy parts in the meantime - the longer the project, the sweeter the build!
@Marcho started
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
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Send it back and chalk it up to experience - You'll never be happy with it and it'll always have negative memories.
Wait for a better one to come, and buy parts in the meantime - the longer the project, the sweeter the build!