I have a 1992 Trek 7000 mountain bike that I am considering upgrading heavily this winter. Shifters are going out and weather is getting cooler so I figure it may be time. I am looking for advice as to whether or not this is a good idea, or a complete waste of money on a bike this old. The bike is pretty much stock with the exception of pedals. Also, I am a big do-it-myselfer so I like the idea of building it myself vs. buying a bike ready to ride.
So here's my thoughts:
Front fork - Replace with Rock Shox Dart 3
Brakes - Avid brakes, Hydraulic Disc in front and V-brake in Rear
Wheels - Replace with disc compatible wheels
Drivetrain - Probably replace all components but not sure with what, very open to responses here
Overall budget probably less than $500, and judging from some preliminary pricing seems reasonable if I keep everything in check.
I'd really like to know specific components you think would work well.