I think something like the Olympus is a great bike camera. I'm not sure that concerns over ISO range in a point and shoot are valid. It's going to handle ordinary lighting situations very well. If you are looking for exposure control you need to look at a camera that is configured differently than a weather proof, shock proof compact camera. My biggest irritation with compact digital cameras is the slow shutter lag times.
Nice pictures, ROLLIN. And a nice bike. Do you use those old wheels after you got the Zipps?