It actually fits well when riding. I have the seat adjusted right for my leg length. I don't really feel stretched out so the handlebars are about right.
I can straddle it, but it is a snug fit.
I need to figure out why the front derailleur isn't shifting. I might just be a stuck cable.
I agree that I need to strip that paint. I will also need new tires before I go further than around the block. They are really starting to show their age.
This is a fast bike. Is that just a function of the gears?