It doesn't look like much has been done much since the last photo, but a lot of the final prep work has been. Grind the tubes flush in the BB shell, add a drain hole and braze the BB shell cable guides on, underneath; shape the spearpoints on the aft facing part of the Seat-stay/drop-out tabs, rinko slot the housing stops, hone and slot the seat-tube, add the rear brake posts, preliminary adjustment of the fenders (the aft portion of the rear fits well, it's just flopped towards the table), thin all of the lug points and reinforcing diamonds and clean up most of the shorelines, chase all of the threads and ream/face the head-tube. Paint isn't far off.
