For many years I've been riding on elite teams that have provided at least some equipment to me. The equipment has usually included a loaner bicycle or a bicycle that I have purchased at a very good price. For 2012 I will not be a member of a team that requires me to use a particular bicycle. Therefore I'm fully revamping my ride from 2011. In 2011 I purchased a Felt F5 at a super deal. Since I am very happy with the ride characteristics and weight of the carbon frame from Felt I am starting with it as my base and will replace nearly every component around it.
In addition to changing out nearly every component on the bicycle I am also reworking the look and style. I have started sanding down the frame. Currently, I am undecided on how to finish the frame after sanding. My first thought was to add some simple decals and clear coat the frame. However, it seems the whole black bike thing is pretty played out. So instead I am likely to have a professional paint the frame silver and add back some simple decals.
Anyway, let's see some pictures of what I'm working with so far.
Here's a picture of what I started with. I was never of fan of the excess decals running all over the bike.

Here is the frame and fork with decals sanded off.

More sanding. So far I have simply removed decals. A lot more sanding will be needed before paint can be added.

Here are some of the parts I will be using for this build. See build list below.

Below is the build list as it stands now. I have all these items on hand. Most weights are directly observed by me using the actual part I will use. Bar tape, housings, etc. are estimates based on info from this very site. Self-imposed restrictions for my build include alloy bar and stem, alloy clinchers, Quarq power meter, among others. Fit, budget, and appearance are also of utmost importance.
Felt F5 Light Build
Component Type Weight (grams)
Frame Felt F5 948
Fork Felt 374
Headset FSA 105
Stem Kalloy Uno Ultraglight 112
Bar Bontrager RL 237
Post Origin8 Ultim8 139
Saddle Fizik Arione Carbon 166
Brakes Origin8 Torq Lite 203
Front Derailleur Shimano Dura-Ace 65
Rear Derailleur Shimano Dura-Ace 165
Brakes/Shifters Shimano Dura-Ace 371
Bartape Velo Wrap 52
Cranks Quarq Truvativ 827
Pedals Shimano Dura-Ace 279
Bottom Bracket Felt BB30 53
Cages Topeak 35
Chain Shimano Dura-Ace 261
Cassette Shimano Dura-Ace 162
Tubes Specialized Turbo 130
Tires Michelin Pro3 395
Rim Strips Velox 10mm 16
Skewers Token TK480 43
Cables/House Alligator Ilink 95
Wheels AmClas/Stans 1357
Misc. Frame barrels, hanger, etc. 52
Misc. grease and such 50
Total (grams) 6694
Total (lbs) 14.76
That's all for now. Updating will not be a problem, doing more work on the bike will be the problem. I work at a snail's pace.