I have a mid-late 80's Peugeot lugged steel bike that I would like to upgrade:
Picture of old Peugeot on photobucket
The compononets are Shimano - SIS stuff. Wheels are ok but not in the greatest shape.
My question is, can I make this a decent road bike by replacing most of the components? I'm not ready to shell out a couple of thousand for a new road bike, and like this bike ok (it was free) and it fits well. I've changed derailleurs, brakes before so I'm not a complete newbie to the mechanical side.
Can I just tear this thing down and start adding stuff, or are there some componentry that won't work? It it even worth it? I hate throwing away stuff is why I ask.