My latest ebay acquisition/project/commuter thingy:





My 1986 Schwinn LeTour, recently fendered. Many of the original components have been replaced/upgraded with stuff I had on my other ten speed (wheels & saddle), or new & new-old-stock acquired online (IRD freewheel, shiny new chain, NOS shimano crankarms & chainrings, and a modern cartridge bottom bracket). Removing the old cup & cone bottom bracket thingy was a learning experience.

The bike isn't that pretty, but I took it out today in the rain and it was great! Very happy with the final project.