Well, I would argue the point in riding it would be to get around, since that's what I use this bike for. I'm most likely gonna ride it until **** happens, for now it's flawless.
It's some cheap hub that fits a freewheel, bolt on axle. The wheel it's built in is better then wall mart grade, but still very basic. I'd guesstimate lower end of what would have come out of a bike shop ten to fifteen years ago. ****ty part in this story is, I'd been collecting leftover bits of HG-40 chain from new chain installs at work in order to make me a new one for free for this bike, and I'd almost gotten there when this happened.