go towards the end for a red powdercoated beauty:

http://forums.teamestrogen.com/showthread.php?t=23135

Knott's lugged steel bike cost quite a bit more than $80 or so for the powdercoating but considering it was a complete rebuild it's like a new bike. Chris & Steve at my fave LBS lovingly cleaned every part not replaced.

The bike just glows and Knott says the shifting is buttery smooth now.