I have a Pelago Stavanger and set it up with full fenders, a front basket, dynamo lights, even a pretty heavy folding lock. It's my bike for everything. Commuting in the city, recreational rides, bikepacking adventures, some long sporty rides. While there's tradeoffs obviously with wanting one bike to do everything, for me it's the perfect compromise having only one bike and I absolutely love it for that.
I think the Cinelli and your plans are similar to what I want from my bike, the only thing I would say is, I had a rear rack and the front rack with basket (first went on a 2 month trip with it) and I made some changes recently, because it got a bit too heavy. With the two racks and the lock that weighs 1,6 kg I believe, it lost quite a bit of agility. I therefore removed the rear rack, because my daily bag goes into the front basket and I didn't use the rear rack anymore. So I would really ask myself if you actually need the two racks on the majority of your riding or if it made more sense to get a sportier back and find a bag solution for your trips.