For the first time I saw a decent bicycle at the local Goodwill store. It was a Fuji Super Tourist IV in what I would call fair condition. It had mid-grade components, the decals said Quad-Butted Chromemoly Tubing, and Made in Japan. Unfortunately someone was already looking at it, he bought it for $20. I talked to him a bit and I would say it went to a good home. I did tell him about Bike Forums.
The only bikes I have seen there prior to that one, were kids bikes and the sort of stuff you buy a a small Walmart usually in pretty poor condition to boot.