Here's how far my project has gotten. Frame cleaned, bearings repacked, components mostly in place, and I managed to salvage the chain by giving it a 48 hour soak in kerosene:
Now for the cost, I've made a few substitutions from my parts bins. My actual outlay at this point is still $20, but in the spirit of the game I'll estimate costs:
1. SR stem and handlebars - $5 swap meet value
2. worn but useable Araya Wheelset with well-worn tires that I think will survive 100km of riding - $20 value
-rear wheel that came with the bike had a badly dented rim, so I decided to swap these wheels in
3. Suntour XCT rear derailer - $1
-the Superbe that came with the bike couldn't handle the largest cog on this freewheel, swapping derailers is cheaper than replacing the freewheel, plus this derailer is a better match for a 'clunker' anyways
Total cost to date: $46
Originally Posted by
Narhay
As judge, I decree you are not allowed to remove the wheel fabric.
(Just kidding...sort of)
Duly noted, I will be keeping the wheel fabric on the bike (sort of).