Bad is the wrong word. It means that the tubing isn't butted (which means that you can use thinner tube diameters and save weight). It really means that your frame is a bit heavier than one of the higher grades of tange tubing. If by bad you mean it will fall apart, or that it's poorly made, it's not bad. It should be a very durable and comfortable ride...it's just not as light as some other pricier and fancier tube designs.
It would be a very good platform to make an effective low price commuter with. Torchy is right...don't try to make it something it isn't (an expensive high end road bike). Put decent mid-range Japanese parts on it...like lower level suntour, dia-compme, sugino and shimano...and you'll have a dependable and inexpensive bike.