Colnago. I say that not from having ridden either one, but because they're both gonna be freakin' sweet bikes and amazing to ride, but the Colnago looks a lot cooler and I've ridden enough Schwinns that I'll probably always look down on them compared to other brands. They just made so much 60lb crap that, even though I know the Paramount will be freakin' sweet, I'd pick another bike of comparable quality probably every time. Especially if it looked as much cooler as the Colnago does compared to the Paramount. Just those lugs are way cooler. Not to mention the chromed rear triangle which should hold up to wear and tear better than the painted triangle on the Paramount. The Colnago also has a 130mm rear triangle, which I would highly prefer for personal reasons. I really like 9sp in the rear. It just feels like a sweet spot to me providing a good spread of gears with minimal step between them without the noticeable increased cassette wear I've read about with 10sp.