I have an old 1970's Peugeot frame (originally a 10-speed, I believe) that I have been slowly trying to convert to a fixed gear bike. I am at a complete loss for which wheelset is appropriate. I have a rudimentary wooden ruler that says the rear dropouts are 122mm, which doesn't sound right. From what I understand, it should be the standard 120mm... The frame has no dents and doesn't appear to be bent, at least to the naked eye. The front dropouts are 97mm.
Can I feel comfortable ordering a 700c wheelset with 120mm frame spacing?