The kid grew about 5 inches this summer and instead of selling his currently undersized Trek racing bike he went to the local bike project, found this particular frame and is planning on moving his components over (minus the bottom bracket which we have to find/order). Not sure it was the best deal value-wise but he's going to get hands on experience moving everything over which is priceless. The frame is sturdy that is for sure - and from the parental perspective, its not how fast he gets there its that he gets there in one piece.

Found it odd that it had Bianchi stamping all over it but had no Bianchi stickers (save for the "manufactured by"), but it looks like the years 78-81 were transitional ones and with marketing efforts all over the place. Fun to research.

Thanks again for the help and encouragement!