January 20th, 2019:

	I've decided against picking up a project bike this year.  For the 
last few weeks, I've been eyeing up vintage road framesets from the more 
pedigreed bike brands: Nishiki, Bianchi, Colnago, and Motobecane, to name 
a few.  I've found a few that I like, and they're well within my price 
range of free to $200.

Ultimately though, I put any new projects on hold for the time being, 
declaring this year to be a "maintenance year".  I still have to finish 
restoring my Peugeot NS folding bike, my road bike needs a few tweaks, my 
commuter is due for a complete overhaul, while my MTB is screaming for 
use.

I think my first task this spring will be to replace the Peugeot's seized 
rear hub.  I'm planning to replace the single-speed freewheel hub with a 
Sturmey-Archer two-speed internal geared kickshift hub and 13t cog for 
starters, put the fenders back on, then I'll need to decide whether to 
rebuild the hub dynamo to power the Peugeot's lights, or remove it in 
favour of more contemporary USB lights.  After that, I'll put the rack and 
panniers back on and call it complete.

I'm also going to upgrade Felix, my Auto-Mini, with the same internal 
geared hub setup described above.  I haven't done the math (mostly because 
I can't wrap my head around planetary gears), but I'm expecting some 
performance benefit.  Not that I'm planning on racing my 40 year old 
folder anytime soon, nor climbing Kilimanjaro.

Felix also needs a bit of cosmetic work.  Finances during Felix's 
restoration were tight, so I cheaped out on a few things, such as the 
(supposedly) leather grips on the handlebars, cheap Wal-Mart tubes, and 
rusty chainguard.  First thing will be to buy decent grips, replace the 
shitty tubes, mount the matching red rear brake calipers, then sand down 
the chainguard, prime, and paint it to match the red brake calipers (and 
Sturmey-Archer hub I've picked out).  After that, Felix will be complete.

My road bike, Cornelius, needs a few tweaks, lights, and maybe a set of 
fenders to be complete.  Not much more to add here, although I am looking 
at replacing the brown Brooks B17 saddle with the same model in the colour 
"Honey" to match the Brooks leather bar tape on the bike.  It's a small 
(but expensive) thing, but the colour difference kind of annoys me.

Juggernaut, my rigid frame MTB turned commuter, needs nothing more than a 
good cleaning and overhaul.  Replace bearings, add a bit of grease, check 
the chain and brake pads, and he's good to go.

Ambush Bug, my Raleigh hardtail MTB, needs a once-over but is ready to 
ride.  I may need to invest in a shock pump down the road, but I think I 
can defer that for another year.  All the bike needs is a good trail!

I should be able to keep my bike maintenance costs under a thousand bucks 
this year.  I have the vast majority of tools and consumables I need, the 
big expenses will be the internal gear hubs and Brooks saddle, and maybe a 
wheel dish tool.

Looking forward to a great year for riding!