Its not what anyone would call "light" but I can routinely pass spandex clad roadies on carbon fiber bikes with my 1981 Schwinn World Tourist, though it is mostly relegated to grocery duty. Looks just like this one except it has a decent Velo-Orange saddle, Wald Basket up front and 27x1-1/4" Paselas. I don't find that the upright position hurts pedaling efficiency, but you will definitely notice a headwind.