Retro direct budget bike

Hi all,

I am going to build a retro direct bike, At least I will try:)
Just building it for fun.
For the people who don't know what a retro direct bike is:
http://en.wikipedia.org/wiki/Retro-direct

It's going to be on a low budget. I've already got a bike: A motobecane.
A low quality road bike, that does the job. It is still in a very good shape.
I've spend a total 17 pounds on the bike :-)

There she is! What a beauty. I've done some modifications already:

• changed the handlebar Re-used the old handlebar tape
  
  

Wouw, that's look groovy. Yes it does.

• Regreased the stuff, .
  
• Changed the front wheel. The original had a bad braking surface. Also going to use this wheelset for the retrodirect: Spend 45 pounds on it . (you can see the wheel in the first picture)
  
• Straightened the original back wheel, Was completely out of true:
  
  

I don't have all the parts yet to make a retro direct, I first going to use the bike with the derailleurs.

Today I am going to flip the steering, because it's way to low for me. And going to tape the other side of handlebar
Also going to order the stuff to make a retro direct: Two freewheels. And I have to find an english threaded cup for between the two freewheels.
Still have to find a nice ratio for the cogs, and find some wood to make a front and rear fender.
Thinking about putting a rear carrier on it.

Oh and sorry for my very bad English.