Originally Posted by
wtiongco
...I know a varsity isn't exactly the best bike to spend money on but I kind of want to keep it and remake it as a tribute to my dad....My question is would any type of bmx headset work for this type of setup assuming the frame cup outside diameter is 32.7mm? Would the fork/ stem combo work on the varsity?
Yes, that's the right thought on the headset, I've used many BMX headsets on Schwinn lightweights. You can use the stock Varsity headset and replace the top nut with a 1" headset top nut that's 22.2 instead of .833 (or ream/dremel the stock nut). The fork you picked is a common replacement over on the Schwinn forum, it'll work fine. Niagra Cycles on Amazon might have a better price. Best weight loss will be the rims, they weigh a ton. 700C wheels will fit, you might have to file the brake calipers a little bit to make it work.
I think it's a nice idea to use your Dad's old bike. Great reuse and those old Schwinns ride nice. A few extra pounds is nothing when you're young, hell, your Dad was able to ride it