Restoring an old xUSSR bicycle for commuting... Feasible? Silly? I've got a very old bicycle from the xUSSR days in my garage (outside UK atm). I'm not sure what year / model it is, to be honest...

I've been commuting to work (8.5 miles each way) almost every day since last summer on a Pinnacle Stratus hybrid, and eventually the idea of using an actual road / track bike to ride to work becomes more and more appealing :D

I know that the chain / gears / casette will most likely have to go. Wheels will be replaced and so on.. Seems like the only thing left will be the actual frame.. So in the end - will this still be a good idea, or am I just going to lose money in the end? How much should I expect it to cost?

As I said - I don't have the year/model but I've got some photos of it here: http://imgur.com/a/JqFX0

What do you all think?
The exact model is Start Shosse from Kharkiv Bicycle factory (ХВЗ Старт-шоссе) Wikipedia link about factory.

This particular bike was a dream of many soviet youngsters, but in reality it is not anything special, as Soviet Olympic team rode on Colnago bikes.

It is quite popular trend here (in Latvia, ex USSR member country) to make a fixed gear bike from that cheap frame. Other parts are not of very good quality and sometimes it is very hard to find fitting spares from other manufacturer.

There is no special reason to keep that frame, as other vintage frames could be a better choice, but there is nothing wrong with it either.