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Derailleur
Wow, i had no idea my comment was so offensive.
Obviously people who are seriously interested should know what size bike they need, just seemed a bit off in the OP sizing guidelines to me.
My ill fitting bike is the exact reason why i posted, because I bought it (partly) due to being told (by an experienced seller) that a 57 would be good for me at 6 foot. I dont regret it, but i know what size to buy now.
I guess i just have short legs.
Jeez, Relax Texan.

Derailleur -
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http://www.lfgss.com/thread4114.html
You can get a lot of bike for £800
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i always assumed that side pull brakes should be slightly loose at the fixing bolt to allow for centering its self when you pull the brake.
http://www.parktool.com/blog/repair-help/sidepull-brake-service
i think you could solve the brake issue.
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I got a reply from him.
Basically he admits to have drawn back the sale because it was too little money."...Yes, i put this in auction and ends in 127€. This price its not enoght for me. This frame cost to more money and i cant lose money. I prefer to get a negative vote than a sell this beautyful frame for this price. ..."
Idiot.
I too got a reply.
"yes"
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There are things that are just not quite right about those dreesens.
They are nice bikes but not pron I dont think.