by my definition yes.
I'm speaking of classic as opposed to "collectable".
The U08 is a classic french frame.
The Schwinn sounds very interesting, but way
large for me. You might want to get onto the Classic
Rendezvous list and see if you get any buzz about it.
I think you'd be surprized about what CR considers
classic, one poster just restored an early schwinn
varsity, not what you'd call high end or collectable, and
there was considerable buzz about this one. Lots of
older frames get bantered about, and sold/traded that
in reality have little or no monetary value. Its not about
the money. Sure you can go get a Colnago Arabesque for
about $3000, or a Confente (starting about $7k ), but a
recovered from the trash Trek, or schwinn or whatever
still is classic (like one guys restored Free spirit).
So yeah, I'd say classic has little or nothing to do with
cost/materials etc.
Marty