It's a genuine weight - on two different types of bike shop scales just to be sure. One is a Park tools set the other brand i dont know.
Thomson equipment is pretty light, but not the lightest. What it looses in weight, it makes up for in durability and quality of finish.
My friend has a ragley and it is significantly heavier, partly due to the 140mm talas.
If you add the offical weights up of all the parts, it should be a fraction around 19.5lb!
Thanks to most of you for your positive comments, i love it too.
Cy - i'd probably go for 15Qr if i didn't already have the forks and hubs. It was a step too far to change them!