10 Wheels seems to be coaching you well. Maybe we should have a thread for riders with 34" inseams. I just picked up a 60" frame. It is a great fit for me. The top tube length can be something to consider as well. The rule of thumb I follow is that when your hands are on the hoods (the plastic/rubber covers on the brakes, brifters) you cant see the front axle. You can adjust the seat position and stem size to dial it in for what is most comfortable for you. I agree that a touring bike is a great place to start.
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I think its disgusting and terrible how people treat Lance Armstrong, especially after winning 7 Tour de France Titles while on drugs!
I can't even find my bike when I'm on drugs. -Willie N.