Join Date: Jun 2001
Location: living in the moment
Bikes: 2005 Litespeed Teramo, 2000 Marinoni Leggero, 2001 Kona Major Jake (with Campy Centaur), 1997 Specialized S-Works M2, 1992 Specialized Rockhopper
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$700 is probably about 1/3 of the original price of the bike when it was new. The Silk Road 900 [that's what the model was called] was a well-specced bike with a combination of 105 and Ultegra components. It doesn't have great race geometry -- it's more of a tourer/sport bike -- and it's a bit heavy by road bike standards, but it looks like a fairly nice ride. As a transition from MTB to the road, it'd probably be pretty good, but if you take to the road in a big way, you'll probably eventually want something more agressive.
The shock is nice, but I wonder if it smooths things out any more than a good carbon fork. I'd be slightly concerned about maintaing the fork, but you're a MTB guy, so I'll leave that though to you.
See if you can bring him down in price...