Looks a high speed model....note the wheel balance weight and mis matched cable ties.
No, when needs must, it does the job, and its better than walking. ( Although no guarantee of arriving in one piece!)
Cuprinol Spoke Varnish would add that extra cachet for a Concours Win.
GB, reach for the Tin Hat when duTch finds out.........
Swarfo.
Additional....If it's for real looks to be Eastern Europe two stoke barnyard desperation lash up. Very clever to use a pair of old pincers.