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@CasaSteve
My flat mate has one, in red. It's a nice enough frame but the paint is a little dodgy in places (around dropouts for instance). He also had issues getting his back wheel onto it. I thought the mech hanger was bent but it wasn't (LBS checked it); it just needed some persuasion which led to less paint around the dropouts. He built it up with Campag Veloce and it does look rather swish :)
Worth that price, but I wouldn't pay more I don't think.