Here are some photos of a nearly-complete ca-1930 Ozzy (Melbourne) racing bike for your viewing pleasure. I haven't ridden it yet (it still needs its chain), and I'm not sure I'm man enough for it. Take a look at the super-relaxed head angle and long fork rake - I'm predicting major "wheel flop." It probably rolls like a freight train once you get it up to speed!
http://www.wooljersey.com/
The wheels are 28" and the tires & tubes are very old. If anyone is interested I'll take some close-ups of the tire markings and post them as well. The tubes have Woods valves, that must be unscrewed to fill and screwed back to hold air. And they do actually hold air!
For obvious reasons I've decided to leave this one alone except for a mild cleaning and new cork grips (maybe I should rub a little mud into those for verisimilitude).
Enjoy Dave Ross Portola Valley, Victori... oops, I mean California