Saw you mentioned the treadly in another thread - Mine's getting there. Looking for a suitable bullet tail light currently. Had the rear wheel re-spoked for better gutter hopping. Painted the front.
The balloon tyres are 24x3 so it has roughly the same dia. as 26" wheel.
I'd like to get the Electra frame and start from scratch. I'd do it with 8 speed chain gears, front and rear discs and probably go for a 26" front wheel and mountain bike forks with some suspension unt gaiters.
Toying with the idea of going to the 8 speed hub on this one too, but the performance of the drum brakes probably would need upgrading as well.
I have a nice Kona Mountain Bike too, but I much prefer the cruiser for around here. Done about 1,500km on it now.
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