I posted a while back about my first commute bike here. Well, I put some miles on it and found it to be too small. I found a replacement for it and then sold the Trek. I made a few dollars on it and got to put a few hundred miles on it as well.

I bought this for $20 and went through and repacked all of the bearings and cleaned everything up. I got the fenders on a trade for some old tires, and the rack came from another bike I acquired. I put new tires, bar tape, and brake hoods on it. My total investment.. about $90. It rides great but is a bit on the heavy side. I have put about 300 commute miles on it and have no real complaints other than gearing. It will suffice until something cheaper and better comes along.