Agree with those who vote against the SE Draft Lite. The SE Draft is not a bike that should even be considered. It's like a WalMart bike essentially. Everything about it is inadequate unless you plan to ride only 1 or 2 miles a week, and even then...

I ride an SE Lager, and THAT is actually the entry level SE bike. Bare bones, basic no frills, solid frame but fairly weak components (stem, bars, seat, chainring).
But I bought my Lager in '09 and it's an '08 model. Nowadays SE seems to be targeting a different audience. The more recent Lagers look more trashy/flashy, whereas the 2008 model is ugly as sin but fairly solid and decently equipped. So yeah, stay away from the Draft Lite. The last Draft I saw in person was scary. I wouldn't trust it or ride it even if you gave it to me for free.