Finally I could pick up the Peugeot Galibier from the LBS. I must say they did a very good job AND left my bike out on the yard in the rain.
The nice white handlebar, so Euro stylish, is gone as the the brakes needed to be rewired and I had only an orange spare left. Already in the shop I noticed that the shifting was very smooth when I tried it. The guys gave me some warning, as the rear cogs were already pretty much used and that might result in some problems. And they said nasty things about the brakes, being so much inferior compared to the brakes of today. So I was warned.
The whole bike feels very comfortable, also thanks to the wonderful Charge Spoon saddle which really surprised me. I thought plastic or artificial leather saddles would be out of the question for longer rides, but this one is really comfortable – and priced at only the third of the cost of a Arione or Gel Flite saddle.
I was a little bit scared of braking after what the guys in the shop said so, but no, the brakes are doing well. Sure they don’t have the power of today’s Ultegra brakes and they behave completely differently, but once one is used to them they are doing fine.

If only 140 years ago bicycles would have had 44 gears (Campa Super Record with 4 cogs in the front), I am sure the phrase would have made it into le dictionaire des idees recues by Gustave Flaubert.
I continued to ride along the river Wümme while the sun started to set early. The only somewhat negative surprise that I had was, that the bullhorn bar isn’t as comfortable as I thought it would be. Steering is somehow strange when the hands are so far in front of the fork axis.
I have ordered another set of cogs so that I can replace the worn one and a new Golden Arrow rear derailleur. Now I have a Shimano Arabesque derailleur fitted and that is just a gross breach of style which cannot be possibly kept undetected by the knowing eye for much more time.
Summary: Very happy, very proud that I was able to realize somuch of my own bike. I like the look and style and it is also a good ride. Due to its softness it is hard to imagine that I will do longer rides on the Galibier, but for a ride up to 50k it is a good alternative. I can also think of further modifications.
Of course, until the Faggin is ready.