My friend has this frame, different fork, its a colnago fork tough and everything is VERY beat up, the guy at the local bike shop sold the whole bike for him for really cheap.
Actually his parts are still useable he needs to take good care of the frame and fork paint them nice, change the back hub a fixed gear one and install this spare cranks/chainwheel I have here and he's set for quiete a while.
And Alex what do you mena by waste, converting a road bike is giving it a new, happier life, every since I got my fixed riding my road bike feels so weird and not fun, I might end up selling it later on and investing on my fixed gear. I'd kill for those white industries spleened fixed gear hubs and an old track frame/fork I love the look of the old track bikes.
In other new, I bought me a nice Velo seat and a tranz-x seat post so my fixed gear is done and I can put the seat post and seat back on the road bike. Keeping the stem tough I love it.