TejanoTrackie 

All of the components are decent quality except the tires, which I replaced on mine. Quality of the parts is similar to bikes like a Surly Steamroller, which do not have any crappy components. The nice thing about Wabi is that you can customize it for fit and gearing to suit you, almost like a custom build. The ride on the Lightning is not your typical harsh aluminum, but more like steel, but still plenty stiff to be responsive, and it's crazy light. As to the frame durability, I'd expect it to last almost indefinitely, provided you don't have a bad wreck.