That looks like it has had a good street session or two! Reminds me of my old BMX days. I used to ride Street/dirt on my S&M Dirt Bike (before they were called the "Classic"). Prior to my Dirt Bike I used to ride the S&M Holmes but switched as I found the Holmes harder to manual due to the 21" top tube. Briefly I rode a Standard Trailboss, DK XXL, and a few others. I gave up BMX about 4 years ago.....sometimes I still dream of riding the rhythm again. You ever heard of "Kris Bennet"? He was a full factory sponsored Dirt Jumper, he was in the X Games quite a few times too. He was one of my associates during High School, we're from the same town. Due to this I have met a few pros. I met TJ Lavin, Flying Squirrel, and some racer....his name was Neil, he was sponsored by DK then eventually went over to S&M. I can't remember his last name. Also, my buddy Ryan Thompson was unofficially sponsored by S&M as well. Another friend of mine Andy Bavas was sponsored by Schwinn for the NBL race series.
We had some very famous trails in Titusville PA. We were also close to the world renowned "PUSH" trails near Pittsburgh. I also went to school with the "Farm Boys" which were a heavy duty dirt jump crew from Russell PA. If you have ever seen the PUSH video called "Tweekers" I used to own the S&M Holmes that Kris Bennet used to win the Daredevil of Dirt championship in Germany. In the video it was painted gold with one white star mag on the front. Them were the days! If I wasn't so old with bad knees I'd take the Felt off your hands

. Good luck with the swap though, you have a great bike there...good frames them there Felts!