I made a slightly compulsive buy the other night. This is the Kogswell P/R that takes 26" wheels. I once had an XO-1. It was too small and I sold it. I love the idea of a bike that has road bike geometry and takes 26" wheels. The clincher for the P/R is that it has standard diameter tubing.
Minus the standard tubing, my Rawland is very similar, so I've never really been super serious about pursuing a 26" P/R, but the right deal came along right after I finished my second bourbon-over-ice the other night and I jumped. Paypal makes things pretty easy.
I plan on making this part trail/winter bike and then I'm going to see if I can build it up into a perfect commuter for a buddy of mine. There's a story there that I'll tell as I build the bike up.