New Shimano 105 FD/RD, Truvativ compact 50/34 crankset, 113 square taper BB, Tektro brakeset and levers, Shimano 9 speed chain and D-A DT shift levers = under $300. Mavic Open Pro rims on Ultegra hubs with Michelin Pro Race 3's = $375. Good wheels make a big difference, these are probably overkill but hey, I'm worth it. Not a Cannondale, but everything here came off of an '88 SR that I had previously built up for myself:
That SR frame with 7 speed Hyperglide cassette and shifters, could easily be a 9 speed with same wheels, different FD/RD/Shifters:
