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@EPR
That's interesting, I'm not sure about that. I've seen a few English frames from the late 50s - early 70s that used them, maybe to emulate Falcon. The big names were never quite able to though, they had a tendency to make them rather chunky! If anyone can shed any light on this that'd be great, I do love me a nicely wrapped-over seat stay...
Right now I'm in no position to buy this but if its still knocking about come mid December I might take it off your hands. It is gorgeous though, someone should snap it up. Best of luck with the sale!