ID this falcon?
 

http://austin.craigslist.org/bik/1764893904.html

The owner himself is not sure of the bike model. He guessed San Remo, but it doesn't look like one to me, and the paint job doesn't look like it's been redone. Any guesses, guys?

And would $400 be a fair deal for this bike? My guess is that it's worth closer to $350.