Well I got my 18" version through early last week. It was quite dull so I broke out the T-cut and polish. I see what you mean about the decals Al, just like my Ti Kona's where, cracking and coming away in chunks! Once Polished you can definitely appreciate the depth of the powder coat.
As a frame it felt a lot heavier than my '95 Explosif and on the scales it shows 4.7lbs compared to 4.32lbs. However the tubes all feel very pingy and are skinny to look at. A 27.2mm Seat post fits like a glove which is handy as I had a Syncros hardcore going begging.
The Serial no starts KO96 and it has the cool little goat heads on the drop outs plus the larger head on the hanger.
There is indeed a bulge at the base of the seat tube, which is actually a pita as it means I cant use a lovely m952 low band front mech. I've ordered a high band version but this means that the uber cool Kona custom thumb is obscured by the clamp, bah!
I've built it up quickly with parts I had spare but I am quite keen to run it as a single speed eventually.