I highly doubt that this would give the same mirror finish as a really good chrome job, but it very well may be better than a vintage Raleigh International chrome lug, which would be more than acceptable for a lot of applications.
Looks like a $40 experiment. I've blown more than that on a lot of goofy ideas.
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If someone tells you that you have enough bicycles and you don't need any more, stop talking to them. You don't need that kind of negativity in your life.