Much better than a decent bike -- it is a full on touring rig with all the trimmings. I am the person Mkeller234 picked up the same bike for earlier this summer.
It should be a triple up front and 7 speed rear. If you are looking to flip it, after some clean up and replacement of consumables (tires, cables etc) I would bet the bike should fetch $250-350. There is one like it on ebay right now, with pannniers and racks installed, that is at $177 with 3 days left.
I have seen opinions (can't find any now
) that it is at or close to the level of the Miyata 1000. I have taken mine for a few shortish rides (I need to fit it with a shorter stem before taking it out for a long rde) and it is very very nice.
Just wondering, what did you pay for it?