OK - I actually got quite a bargain two+ years back when I picked up this C-ITOH locally for $20.00. I was going to pass, until I noticed it had new tires on it - in a size I was looking for to finish out a project I had then.
Since then, I've adjusted the gears, replaced new, good tires with crappy, won't pop for another month ones, and it had been pulling trainer duty until I acquired a mixte. Whomever owned it apparently had a love for stickers and somewhere along the line, the handlebars got "adjusted". Plan is to make the brakes work again, see if I can un-freeze the seatpost, and pass it along next spring. I wouldn't be caught dead riding this thing in public.