that bike has barely any rust on it as it is, the handlebars, maybe a little, and probably a little on the wheels. it's definitely old school schwinn, as it's got that seemless electroforged maintubes thing going on...it's so friggen hot.... $240+shipping and it's yours. although, i'd have to hate you forever if you bought it, because i'm hoping to make it mine by the end of the summer.
Raiyn: we have one of those auto-shift bikes in the warehouse as well...been there since before i started working there. i'm afraid to even touch it, it's so friggen gross. we also have an old gitane tandem road, and a restored pierce path racer with the original wood rims...it's hot ****.