Are you saying that I might get a good deal on one at your shop??
we have about 3,000 bikes at my shop, and the owner is in no hurry to get rid of any of them. it's kind of scary.
anyways, i probably wouldn't sell one, even if you begged me to. with that bike, you're better off finding an old frame (any old frame) and buying the cheapest wheels you can find.
it also has, for some reason, a flip-flop hub with threading for a freewheel on both sides.
It's hard to imagine a bigger piece of **** than the SE Draft. As other have said, for $50 more you can get the Windsor Hour, or spend another $100 on The Mercier Kilo TT or the Motobecane Messenger. Those bikes are all 4130 steel instead of hi-ten, and are apparently spec'ed with decent-enough components (replace as needed).
I was at my LBS today and tried a SE Draft, and it sucked pretty bad, it was freaking heavy and the straight handle bars gave me cramps, however, it was only $250 so it's not that bad for the price.
I then tried the SE Lager which is cromoly and has bullhorns. I had never ridden bullhorns before and it was freaking awesome. I loved the bike as soon as I jumped on it, and took it home. It was $470 though.