you actually weren't far off.. it's between 2.5-3lbs.

I swapped out the saddle for something lighter and in better condition, swapped out the giant stem for something a lil shorter, swapped the barends for a pair that weighed about half as much, and removed the pedal reflectors.

I just weighed it again I think the bike's lost over 2 pounds already!

Bathroom scale was telling me 31.5-32lbs. I'm quite not as disappointed with the weight now.. i think if I do a drop bar conversion it may get even lighter. I'm hoping for sub-30lbs.. not sure how realistic that is though

I could also remove the inner chainring, spacers and bolts for more weight loss. I'm considering just swapping on a road crankset though. I need to get slick tires before I can judge how it handles on the roads and if i want to bother making it a high speed machine. Riding on the road with knobbies feels so slow and you have almost no traction in the turns