Originally Posted by Andy_K

I'm never one to say you shouldn't get a new bike, but (1) better components don't really make you faster, and (2) being competitive on an old bike is bad a$$.

My experience: I'm slow and not competitive. For the first three years I was slow and not competitive on a Kona Jake. Last winter I found a good deal on a Major Jake and this year I've been slow and not competitive on that. I have three CX bikes (the other being a Cross Check).

If you want a new bike, get something nice. If you want to be faster get some tubulars and train hard.