Originally Posted by
randyjawa
If you could show us some good square on side shots of the head tube and how it intersects the top and down tube, sort of like this one...
Armed with that it will be easier to tell if you have a chance or not.
Unfortunately, I'm in a different hemisphere than the bicycle at the moment, although I'll be back in the U.S. in June. I can say that it isn't anywhere near as bad as the pic posted - visibly, I couldn't see any sort of bend as in above and was rather hopeful until I started inspecting closely and found paint buckling and felt some (slight) waviness on bottom of tubes. On the bottom of the tubes, the waviness is so slight as to be not visible, only perceived by touch, IIRC.
The tubeset is Columbus MS, I'm not sure if this is heat treated or not.