Join Date: May 2005
Location: beautiful "Cypress Gardens" florida
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Yeah you can still ride it a little, but the integrity of the rim is starting to compromise. Soon you'll start breaking spokes or developing cracks or bulges elsewhere on the rim because the slack spokes can never be brought up to equal tension again. The slack, or detensioned spokes (at the bulges) can no longer bear their share of the weight, so the weight and road shock is transfered to the other spokes, causing them to be over tensioned and therefore break. The bulges in your rim are now the weak link and will only get worse.
I hate to say this, but the bulges in your rim were most likely brought on by years of neglect. What I mean by this is that the spokes were not kept in a constant state of equal tension, where all the spokes were bearing their share of rider weight and the road shock they incur.
I learned this the hard way with an old set of Open 4 CD rims I had. They started developing cracks around two eyelets and the worse crack actually separated, unwinding all tension forever on that spoke.