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The first thing I'd do is stencil in "fuck yeah" next to Team America.
The 2009 Kona Honky Tonk has downtube shifters on it as well, and if you want some ideas for components, you and take a look at that one.
The first thing I'd do is stencil in "fuck yeah" next to Team America. I don't think I would give it a paint job. Looks like it would be a good candidate for a single speed or fixed, but if you plan to do some long rides, I would skip that and gear it up seeing that you have some bosses for downtube shifters. The 2009 Kona Honky Tonk has downtube shifters on it as well, and if you want some ideas for components, you and take a look at that one.
J beat me to the punch here, but I can add some pretty pictures.
Here's the original spec:
http://picasaweb.google.com/scarsgo/1986PanasonicBicyclesCatalog#52...
And a bunch of photos of an '86 Team America restoration:
http://picasaweb.google.com/scarsgo/1986PanasonicTeamAmerica
If you can't figure out what to do with it, it happens to be my size... ;)
Wow, I can't believe someone has the original catalog. That's amazing.
Hey, a racing frame with downtube shifters! Get it a powdercoat and build it up as a classic racing bike. Does it take 700c or 27" wheels?
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