just took my '80 univega gran rally on its maiden voyage. man, what a great road bike. i've owned two now (the other was an '81 g.rally), and it's definitely the best japanese bike i've ever ridden (and i've owned six).
that said, i prefer motobecane. ha!
i'm glad a previous owner made the 700c conversion with this one. i prefer 23c tires over 1".