I'm glad you say so, because I just bought it! Well, sorta - I told the guy it's as good as sold, as long as there aren't any major indiscrepencies at the time of pickup.

It's funny though, I found an old Raleigh (53cm - way to small) in the trash about 3 weeks ago, and have been slowly fixing it up in my garage. Completely dissassembling every single components, cleaning lubing, reassembling, etc. I even sent the frame home with a coworker, whos son is getting into autobody and painting. Overall, I'll probably be spending ~$150 to restore the bike, and it's definitely bottom end. I doubt I'll even be able to get my money's worth if I were to sell it.

It's nice to find a bike that's actually my size, and needs very little work. It just makes my effort with the other bike seem that much more futile. Oh well, I'm learning a lot and having fun in the process, so I suppose I shouldn't complain.

The hard part is going to be leaving the Peugeot at my Dad's, should he decide he wants it! Cheers.