I had this Takara frameset around and was going to do something else with it but... Hey, it's got great clearance and tried to see what I could do with what I had.
Found the bike several years ago at a yard sale for $20. All the pieces I had around or bought for other reasons except the Tektro brake levers. Yeah, I need 'cross tires but it's still on the 27" wheels. The centerpulls offer tons of clearance and with the new Kool-Stop road pads it stops as good as any cantilevers.
I like the old-style of running the derailer cables ABOVE the bottom bracket. Wonder why it's not done now?