It is nice to see other people getting interested in less than top of the line bicycles. It took me a while to learn that even a lowly Torpado Luxe or Bottecchia Model Special can be lots of fun to find, build and ride. That said, I always fit my oldies with tubular tires, these days. To heck with those steel rim 27" wheels. They just don't cut it when ride quality is the concern...
This old Torpado falls into the entry level bike shop class, and it is a heck of a nice bicycle to view and ride, in my opinion...