Depends.
What's your budget?
I started with a $20 Schwinn frame at the BRW, and 3 months and hundreds of dollars later, I ended up with something pretty cool, but it was not the cost effective approach.
It IS a 1 piece crank, which either limits the choice of cranks you can buy, or requires you to buy a 1 piece to 3 piece adapter in addition to the new BB and crank. Also, those electro-forged frames weigh about 15lbs stripped, so it's gonna be heavy.
I would not buy it, as there are many better cheap road frames in better shape with more stuff for not that much more money, or even complete older road bikes on craigslist. (I'd probably spend another $100 or so at the outset and start with something like this -
http://losangeles.craigslist.org/wst/bik/1728601312.html , rather than spend that $100 on necessary but unexciting parts just to get it semi-complete.)
If you want something solid and heavy, there's a Spalding MTB BRW project bike hanging from the ceiling that I'm thinking of converting to a singlespeed as it's an easy conversion thanks to the freewheel, and with some thinner tires, it'd be pretty sweet, bulletproof, and budget friendly. It's about your size, and it's all yours if you want it. Either way, feel free to come in Saturday and help me convert it, and we can get it roadworthy and saleable and send it your way or put it up for sale.
You've got TONS of options, but don't get sucked in by an initial low price.
Or go for it, we'll help you get it sorted out.
