I just recently got my first ever rebuild completed, and took it for a spin. Early 80's Schwinn. Things are good, except that the rear tire has a major variance in it. I stuck it on a stand, and it has almost a 1/4" dip in it. (thud, thud, thud....lol) I used the original wheels, which don't seem to have any apparent dips (def. not THAT big).
So....what are my options? I had brought the wheels in to be 'trued' a few weeks ago (they basically said they'll never be perfect, but tightened them up for me). Think I need a new rear wheel?
The beast, near completion (gonna flop and chop the bars, run some shift cable, maybe a back brake, fenders, lights and reflectors, new pedals eventually)