After months of wavering between upgrading my Raleigh Grand Prix or buying a complete Raleigh Professional, I've finally found the 1989 Waterford-built Schwinn Paramount frame I never knew I wanted. Yeah, Craigslist is dangerous. I am paying $295 for it this weekend. It has a headset but nothing else. I'm excited about the idea of building up a bike from scratch, but also intimidated.
I want to go with modern components, would like to stay as far below $1000 as possible, and want maximize the potential of the bike without going overboard and pretending to be a racer -- I just want to ride as far and as fast as possible on weekends and maybe impress some girls. I also think I want new stuff, if only because I don't want to spend half of Michigan's fleeting summer responding to more Craigslist ads.
I've created a shopping cart at Nashbar just to get an idea of prices. I've attached a screen grab for those interested in the nitty gritty (anyone? Bueller?) but here are the highlights along with my key questions:
Wheelset: Shimano Ultegra 6700: $415
Is this frame worth such expensive, light wheels? Or am I not going to remotely notice the difference if I opted for one of the sets that are half the price (and which ones?)
Shimano Ultegra 6650 Compact Crankset with Bottom Bracket: $150
Seems like a good deal as it includes BB. But again, is Ultegra way overboard for a 23 year-old steel frame?
Nashbar Microshift 10-Speed Dual Control Levers: $150
Never used anything other than DT friction shifters and never minded them but as long as I'm getting brake levers figure it'd be worth trying these.
Thanks in advance if you've read through all this and have something to say.