Trek 470 a decent bike for touring?
I'm going to be new to touring in the very near future. I have plenty of biking experience but I've never set up a touring bike.
I'm looking at buying a 1998 trek 470 and using it for touring. Does anyone have any opinion of weather this will be a decent bike for the job? When it comes to being on asphalt I prefer light, tight responsive bikes so I think this may suit me a little better than a modern touring frame. But then again, when loaded with panniers etc I'm not sure how responsive any bike will feel no matter how swift she is normally. Any views on this?
Also, would anyone have any idea of the load a trek 470 could bare is? I came across a mention that this bike has slightly shorter chainstays than a regular touring frame so that could make it difficult to mount panniers. I don't really understand this though, is it that the panniers may be too close to your feet when peddling with shorter chainstays? Or what am I missing here?
Anyway, your wisdom and insight would be much appreciated.