I ride a 2001 LeMond Poprad. I bought it this last year and since it was last years model I got a huge price break. With the price break I had them rip off the entire drive train and replace it with all Shimano 105 components (including a triple crankset, which it didn't come with). It rides great in my opinion. I've done several centuries with it and I really love it. It's definitely not a racing bike. I'm more of a recreational rider and the bike is really great with open straight road. It does corner very well however. It's not the best at stand up sprints, feels a bit awkward.
Also the headset is already wearing out after 10 months (3000-3200 miles). And the wheelset that comes with it is not very good, IMHO. The brakes do not feel very strong, but they are adequate. They are cantilever (Avid Shorty 4). The front fork tends to flex on hard stops. I would definitely recommend the frame, but I'd replace the drivetrain with your favorite groupo, put a good headset on it (King, etc), a carbon fork, and your favorite wheelset. The frame only allows for cantilever brakes in the back so you'll have to live with those. The fork does too, but if you put your own fork on, then you can choose.