Lets hope the prices aren't too bad then, because I really do like the bike. My new Defy is light and fast and everything, but there's still something to be said about the smooth ride of steel. I also like the look of steel bikes more than most aluminum/carbon/Ti bikes.

EDIT: just checking in with one of the more popular bike shops around campus (funny story, Erik's bike shop moved in RIGHT next door to them, so I like to give them business when I can) and I might convert it to a single speed, because a BB overhaul with a single speed conversion would only run like $30-$50 YAY.