Nothing like a peugeot to teach tinkering 101, that's for sure

No reason at all to avoid them, though. If you find one, it will usually be Carbolite or HLE. HLE is a little lighter overall than carbolite. All three of mine are one or the other of the two. There's a high possibility of finding one, as they were a high selling brand.,,,,BD
I have found good bikes fairly easy to find, just not higher end 531 and up. Hit your local flea market if you have one. 90% of my bikes came from Craigslist and thrift stores though.