the peugeot is a retro racing machine!
I was given half of an identical bike for my 15th birthday present (it was very second hand 15 years ago). I can remember my father lecturing me on how twitchy it was to ride and would I not prefere a less chipped and more shiny touring bike - some things never change :-)
Is it the full campag version? If yes then chop the bars off and invert them and use it off road, it really is a very strong frame and served me well on dirt. It also survived 3 years of heavy tow path use. After it was stolen I broke 6 bikes whilst chasing rowing boats from the tow path in a single term (frames, forks, bottom brackets - not counting buckled wheels).