My son has a Hounder (wanted cheap, single-speed bike for college and we had not been able to catch any deals on CL). It is heavy but isn't a bad bike. I serviced the hubs (a bit spotty on grease and a few metal shavings that might have found there way into the wrong place); removed the freewheel and fixed cog, greased the threads and reinstalled; didn't like the feel of the BB so I picked up a UN54 for < $18 on Amazon and swapped that out; removed, lubed and reinstalled all hardware; and swapped the tires with some kevlar-belted ones from Performance ($10 on sale). Wheels came reasonable true. Riser bar and stem are steel (heavy but should hold up to anything), seat post is steel, brakes are single pivot but work well. Rides pretty nice and I'm sending it down to him with his room mate this evening so we'll see how it does in the real world.