seriously, as an all around bike, it would work and also work as a tourer, except there is no rear suspension, only front, which would limit you to putting certain racks on it.
Pluses-great stock gearing, would be perfectly suited to carry stuff on it in hilly terrain.
I dont know front suspension, so have no idea if this is crappy or not, ie all loosey goosey and slack all the time. If you could lock it out it would be a plus, but you would still be limited to what front racks you would put on it.
If you only go rear racks, the weight could get too much for the 32 spoke 700 wheels on it.