Originally Posted by
3alarmer
...we probably moved 80 or a hundred of those through the co-op here as commuters over the last five years. It will cost you more than you think, because you will want to make it turn out nicer after you start on the project than you think you will now. The paint on these is pretty good. Save yourself some time and money and leave it alone. Just use some polishing compound and some wax on it once the bike is stripped down.
If I do end up picking it up, I'm going to try my best to ONLY add cables and bar tape, providing the tires are in good condition. Then I'll give it a few rides to make sure I like it before I dump any more money into it. That way, worse case scenario I just put it on CL and should at least be able to move it for 60 or 80 bucks.