Hi all,

I recently posted in a different sub forum about the new Peugeot Competition I bought:
http://www.bikeforums.net/classic-vi...l#post18860498

I realize this may be a common question since I've been reading various threads on the forums about this... but here goes:

Now that I've had it tuned up, I'm concerned about the rust, particularly on the frame. I haven't taken the bike apart to see if it has gone to the inside of the frame, though I plan to do so this weekend.

My questions for you are:
1) How bad does this look? Am I overreacting?
2) Given the condition you can tell from the photos, is there any suggestions out there for what I should do to fix this (if that's even a possibility)

Finally, I'm quite fond of the original markings/decals on the frame. Ideally, I'd like to find a way to mitigate any damage to that.

Thanks for your help!
Todd