I have really enjoyed reading the posts on the forums thus far and have learned much about biking, but I do have a question that maybe you can help me out with.
I am looking to purchase my first road bike, and I would like to pick up a vintage bike mainly because of budget constraints. I have my eye on a Schwinn World that I have found on Craigslist, which is selling for $150. The bike fits and I am in love with the color. Regardless, in my opinion $150 is a bit steep for this bike even though everything is in working order and it is tuned. What would a bike like this typically sell for? http://chattanooga.craigslist.org/bik/2399424365.html
I have not been able to find much out about the "World," although there is a plethora of information about the "World Sport." Is there much of a difference between the two other than the components? Will the Schwinn World make a suitable first road bike, mainly to be used as a commuter?
Also, is the frame high enough quality that it would be worth upgrading the components in the future?
Thank you so much for your help.