Indeed all the odd bits are perfect (5)

I believe the answer is:

ideal

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'are perfect' is the definition.
(similar in meaning)

'indeed all the odd' is the wordplay.
'the odd' indicates alternate letters.
'indeed'+'all'='indeedall'
The alternating letters of 'indeedall' are 'IDEAL'.

'bits' acts as a link.
This may not be right. It may be part of another bit of the clue.

Can you help me to learn more?

(Other definitions for ideal that I've seen before include "Model of excellence (5)." , "Perfectly suited" , "Most suitable" , "Paradigm" , "Optimum" .)

I've seen this clue in The Globe and Mail.

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