Absolutely. My Bianchi Volpe weighs 34 lbs with no luggage. It has
- 2 bottle cages
- hub dynamo
- bolted on lights
- spoke light
- rear rack
My Lemond weighs about 20 lbs. It has only a bottle cage.
My goal with my not-yet-finished Raleigh International is to be light-ish but still utilitarian. I hope to keep it to 28 lbs or less.