Been making some embellishments to the Dolomite. Now, have a Lasco 3-ring crankset (24, 34, & 44-t), with a Shimano direct high-mount derailleur, & a ProblemSolvers 1322 seat-tube adapter. Wasn't enough to extend out to the sprockets, with the 175mm spindle, so I had to make an additional 3/4-inch spacer. Works OK now. Put a Shimano 14-34t 7-speed cassette in the rear, so now 21, smooth-shifting speeds!
As for the fenders? As my Spousal Unit observed, "If that ain't legal, I guess you'll be making them!"