Thanks for the replies!
I paid 180 for the bike, so I guess I overpaid a little? Even so I'm happy with it and don't feel ripped off. I've been riding it and it's as great as it looked. I asked about the value becuase I had searched Schwinn Continental and found these bikes prices at $2000+, but then a closer look revealed that those were actually electric assist bikes of the same model. (I thought it was weird to have stumbled across a collectors item!)
As I said, I'm real happy about it anyway.