I always had Schwinn bicycles as a kid, so I have a soft spot in my heart for the name. I know they are not really Schwinns like the ones manufactured years ago, but, they are decent bikes. I bought two from (of all places) Walmart about 10 years ago. They had aluminum frames, decent components, and were priced at about $230 a piece which I thought was great for an aluminum framed bike. I never expected much out of them, just wanted to ride paved trails with my wife. Those bikes took a beating especially when my kids got into riding and left them out in the rain, etc. Really decent bikes for what I paid for them.
Two years ago I bought another Schwinn for bike path rides and it too has been a "gamer." Nothing fancy or flashy, just a nice solid bike purchased online from Nashbar. So, if you look around, you can still "score" a nice Schwinn bicycle. Just don't expect it to be a serious workhorse, but, as a casual riding machine, it is definitely above average IMO.