I played with my lemon of a fixie today: It is now a drop bar, with blue tape and a rear brake. Also I stuck on a new chainring as the old one was rusted to a frightening degree.
Previously I grabbed a Gipiemme Pista rear wheel for £25 from PX when I diagnosed the rattle in the current rear wheel as the better part of a spoke nipple (can't tell which spoke it is, so maybe an old one - but they all look equally rusted - can these things fail gracefully?).
I got the lockring off and found my chainwhip is the wrong speed(?) to whip it off so may have to use the reverse rotolock when I find time. I was also surprised to find you need a tool of some sort to get the freewheel off - so I am still using the old wheel for now. It would have been fixed, but I took a spacer off along with the lockring and it vanished!
I now need to think of a way of getting the non drive crank off as I have threaded it, and the pedal seems welded in there. I have one to stick on, and I really want to ride fixed with SPDs.
I quite enjoyed the test run tonight, but I wonder if it now looks more of a target given the reduced rust spot count. It will always be a lemon to me.