Originally Posted by ModoVincere
I say - Embrace the Fredness. If its a basket you want, then get a basket that suits your needs. To heck with the way it looks or what others think of it.
Right on!
I found this alternate definition at bicyclesource.com:
2) n. a person who has a mishmash of old gear, does't care at all about technology or fashion, didn't race or follow racing, etc. Often identified by chainring marks on white calf socks. Used by "serious" roadies to disparage utility cyclists and touring riders, especially after these totally unfashionable "freds" drop the "serious" roadies on hills because the "serious" guys were really posers.