Thanks for the replies.
I'll see if someone wants the frame to repair once I figure out what to do with everything else. I can't see any problems with the wheel, it seems fine.
I did already sell the SPD pedals that were on the bike for $10 so I only need $170 back I guess. I considered buying a Nashbar touring frame last night, but I can't justify the purchase when ultimately I don't really plan on keeping the bike. I am leaning towards transferring everything over to a mountain bike or hybrid frame. If I did the mountain bike frame option I would have the wheelset left over to sell or put on something else. At this point I'll probably just hang the bike up and wait for the right project idea or frame acquisition to hit me.