It appears to me that you must be a very tall athlete based on your measurements. My initial concern with the Blue is that the largest size won't be big enough especially because it looks to be a special stem on the bike limiting the adjustability of the front end of the bike. I am not very familiar with Blue but I would guess it will be difficult to make the bike longer without really messing around with the front end. However if you can get long enough I think you will be able to get low enough. The way the bars mount on that front end will allow you to get very low even if the stack measurement appears large.

As for bikes with better values I would start here: https://www.slowtwitch.com/...ikes_2018/index.html and specifically Dan's 'Entry-level-Plus' article which is followed by more detailed write-ups of the specific bikes. The MSRP of most of these bikes is very similar to the MSRP of the Blue although I suspect the real world prices of the bikes are higher than $1750 even if you can find one on discount.

So, no photo attached, but assuming that 60/46 is pad stack/reach, you're within the range of "normal" drop for your saddle height.

Given that, I'd see no reason why a Medium in this frame wouldn't work - given how the spacers and pads interact, it should be relatively easy to hit 60/46 for pad numbers.

I loved my old Blue. Probably my favorite bike I've ever ridden, if I'm honest.

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Sorry about the picture, should be uploaded now. I'm actually not that tall, I'm about 5'7 riding a size 52 Kestrel. I think I can also get a new Fuji Norcom Straight for $1,600-$1,700 as another option, still not sure though.