What, no Oury grips?
It looks like it has either stamped rear dropouts, or the derailleur hangar has been hacked off. The former suggests a low-end frame, check for a tubing decal. The latter possibility is worse, but I'd skip it either way unless the seller will consider an offer.
Now that I've looked again, my money is on the stamped dropouts, it's probably hi-ten steel. The spray-painted rat traps and front skewer don't do anything for me either...
Last edited by Chris_in_Miami; 10-27-09 at 04:26 PM.