That is largely what 70s-80s era Trek road bikes were, and all of the other road bikes of that era that had cromo forks and eyelets on the rear dropouts. Mtb bikes may have had the biggest change on general-purpose bikes. From Specialized Stumpjumper and onward, they became the tour bike of choice by many tourists (and maybe still are . . . I don't think that many Trek 520s are sold or they would not be so technologically behind the times)--some bike shops actually abandoned road bikes--and, road bikes got more and more specialized, e.g., narrower tires, short chainstay and wheelbase lengths, steeper headtube angles, no room between the tires and brakes for fenders, fewer brazeons and no eyelets for racks, etc.