I picked this up off of the Philly CL for $50. Low res pics and no real description. I was going to walk away but it was less than 10 minutes from my place so I caved......

As found.
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Sugino Triple
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Suntour Cyclone GT
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Barcons, Sunshine Pro Am hubs, Gran Compe side pull brakes and some ancient quilted saddle completed the scene. The front derailleur was gone. The seller said that the band clamp had cracked and he removed it. The bike was his Dad's and was used very little.

All of this seemed pretty normal for buying a used, seemingly lower end bike with some nice components on CL. What struck me as odd was when I got home and broke the bike all the way down. I hung it from my digital scale and the was surprised to see it weighed 6.3lbs for the frame and fork. I thought it must be wrong but after re-setting and re-weighing 3 times, it kept coming out the same. Wow. Seemed really light for something that I am pretty sure has a Hi-Ten fork.

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It came with 27" wheels and out of curiosity it hew a set of 700c wheels w/32mm tires. Wow. Plenty of room for 32mm tires and fenders.

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The lug work actually looked pretty good. (The flash killed the paint color)