Rust is a value killer, otherwise, nice bike! Not sure how big of a hit it will take. I would be tempted to have someone repaint the top tube.
The word "rust" needs to be banned from your ad. Either all of the rust has been treated and removed (so there is no rust), or there still is rust there. If there still is any rust left, then go back to step one, treat it, remove it and it is gone. A potential buyer sees the word rust and tunes out, and moves on to the next ad.
+1 Cover looks like it is hiding something. Needs to be removed and offered with the bike, as a "protective top tube cover".
Last edited by wrk101; 01-02-12 at 06:58 AM.