To me a grail bike is one that fits me well for my uses and one that I can ride without feeling guilty about getting it nasty. One I can modify to my heart's content without worry about its value because I got it for so cheap. I've had a show queen and I would worry about it's condition so I never rode it, therefore it was useless to me. I'm much happier with my Pug PSV 10 then my old Specialissima for these reasons.