Back in '95 I was getting ready to go outta town/state for college and knew that I didn't need a car in Cleveland Ohio, so I sold my car and bought myself a Trek 750 for my birthday at about $600 after alterations.
The first thing that I did was get rid of the riser bars and grip shifters, which were replaced with drops and barcons ala tourer/cyclocross. This went with me to Old Fort, South Carolina and to a family reunion in Chipewa Lake, Ohio before being used in Cleveland. It was a capable trail/tour/commuter bike that saw some group riding when I came back from school, before I got a "proper" road bike.
Here it is in its last two set ups.
Put brahma bars and trigger shifters on after getting the road bike.
And this is how it is now, sans the new wheels, with drops, RSX brifters and a road double crankset which was an upgrade from a compact 22/32/42 to a 42/52. Should be as fast as my road bike now and maybe could run a cx course again if I wanted.
What does your hybrid look like?
How did you customize your hybrid?