Tom:
I think either option (modernizing or not) is probably OK in this case. Is it a particularly rare Masi with a beautifully-done, "correct" refinishing? If so, I'd tend not to mess with it. Otherwise, go for it.
One other option you might consider is re-spacing to 128. You can then run either 126.5 or 130 hubs fairly easily. Many frames came this way during the mid-'80s when the rear hub "standard" was changing from 126.5 to 130mm.
Cheers,
Greg Parker
A2 MI USA
> Message: 11
> From: "Tom Sanders" <tsan7759142@attbi.com>
> To: <classicrendezvous@bikelist.org>
> Date: Mon, 9 Sep 2002 13:15:55 -0400
> Subject: [CR]Modernizing a classic
>
> One of the list members tells of meeting up with a rider on a Litespeed =
> who liked the members' vintage bike better to ride than his own modern =
> bike.
> I suppose this has been beaten to death some time before my arrival, but =
> I am looking at a Masi frame that is already refinished beautifully and =
> I'm thinking " I could re-do the spacing from 126mm to 130 and put new =
> record stuff on this and I'd really have a sweet bike".=20
> I have two friends who closely advise me on such matters. One is =
> horrified by the idea and the other thinks it is the way to go for a =
> bike one intends to use. I'm more than a little curious to see what =
> list members might have to say about this. I suppose I'll really take =
> some lumps here.
> Tom Sanders
> Lansing, Mi