For a while I had wanted to try my hand at building up a single speed bike from essentially second hand parts. I finished it this morning; 28th Feb '09.
Here's a list of parts and costs (I'm trying to keep it from the wife).
Seat $20 (ebay)
Chain $10 (Anaconda sale)
Handle grips $5 (ebay)
Brake levers and cables $30 (Burwood Cycleworld)
Tyres and tubes $39… Continue