DRF aka Thrifty Bill
Join Date: Jan 2008
Location: The NC Mountains
Bikes: 86 Katakura Silk, 87 Prologue, 87 Cimarron, 14 frame school custom, 73 Paramount
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I wouldn't pay $120. Its a crappy bike, beautifully presented and super clean.
For not much more, you can get a brand new SS, with modern wheels, light weight, in any color and size you want.
Or for that price, you can get a nice vintage 3 speed, which IMHO, is more useful and desirable. Free Spirit = Sears house brand. Some of the Free Spirit 3 speeds were made in Austria, and are pretty decent.