Fourteen years later...
I came across your post doing a search on my Performance Picaro Ti. My wife bought mine for me for my 50th birthday in 1997 and I'm still riding it today. The frame looks the same as new. I was recently looking at a Lightspeed, same vintage, and all the angles and welds looked identical, right down to the headset and seat post clamp. I remember paying $1700! I hope you enjoyed yours.