My father, and his father were both named Fred. I was doomed before I was even born.

I believe I meet all of the qualifications...but I have a few questions

What are the definitions of a cheap bike, and that of an expensive bike?
What about riding a couple of moderately-priced bikes?
What is the definition of "riding slowly"?
Is a 15mph average 'slow' for a 265lb clyde?
Do Freds need to know then answers to these, and similar questions? Or does that make them unFredly?