Am I looking for ti or steel? Good point, and I guess that sums up the question. But, with the twist of modern steel vs ti and as compared to what I know best which is 80's steel (figured others have that as a point of reference here and might have thought about this already).
I think that fit and geometry are getting a little confused based on my comments. However, it's the sloping top tube of modern bikes that I don't care for and never liked (seems that one sure purpose of it is to have one frame be able to fit multiple people).
Use will be for 50-100 mile rides in hilly terrain. Thinking slightly larger/relaxed sized fit with a compact double would work, but would consider a triple. Need a frame that will not beat me up on longer rides, but still be responsive on climbs and sure on downhills. Need not have touring amenities. Basically a century bike. Sure I have bikes that fit that bill nicely, but this is a question about what's the difference between an 80's mid-upper steel bike and modern ti or steel (in terms of ride, value for $, etc). The value equation is secondary, but something that needs to be considered for the purchase. Thanks for putting up with my fractured question...