I don't know my Bianchis that well, but it looks to me as if the current (ugly) front fork is larger than the original was, and that may be why the rear wheel looks smaller, and why the frame seems to slope up along what is probably a horizonal piece of pine. (I know some bikes have had a smaller, 24" front wheel with a 700c in the back, but this one looks as if it employs the smaller wheel in the back.)
But the camera angle probably has a lot to do with the goofy appearance.
I love all the little labels for things, too. I suppose they were readable on the orignal photo, but unless I'd read the description, I wouldn't know what most of them said.
What a shock to see this bike after drooling over the early 60s Peugeot PX-10. . . .
nath "i'd take celeste over chrome any day" dresser