Part Two is nearly as old as I am:
It's a 1981 (I think) Fuji America frameset, non-aero brake levers, Nitto stem, and Grand Bois Hetre 650b tires. Yes, I'm trying yet another 650b conversion, on a bike that came out when I was nine years old.
* The frame was $100 on ebay. I probably could have found a complete bike locally for not much more if I wanted to be patient, but this cam...