I'm sorry to make another thread, but you all have been so helpful with my first post that I thought it would be worth asking one more question. I found a new listing today for a Specialized. The price is a little more appealing on this one, and I'm checking it out tomorrow.
Here's the Craigslist posting which contains a photo of the bike and some information.
http://chattanooga.craigslist.org/bik/3438391853.html
The owner said the back tire was bent and that it would need to be replaced at some point, but it is able to be ridden as-is after he trued it some.
What do you guys think? Thanks again for all your help with the Bianchi, it's much appreciated!