Cheap and carbon are not two words I want to hear describing the same thing.
I was looking at the Fremont when I was there last as well. I love the baseball bat downtube, but alas for 1000$ I think it could be a nicer bike. It is light, that's for sure, but too much I'd have to replace on purchase.

Naked bike ride?....ain't gonna happen dude....I don't care how many beers you give it'll never be a good idea in my head. Please be sure to tell me how it went though. GO Jeremy!!!