I have an SR400. Mine is 56 cm...no way that one listed is 60 cm. I think the seller is listing the seat tube measurement from center of BB to top of seat tube, rather than center of top tube. The bike is a bit harsh, but also super stiff, light, and responsive. It's got cantilevered dropouts, which effectively shorten the chainstays making for an even harsher ride. That said, I've equipped mine with 700x25 tires, and I can ride fairly long distances comfortably. It's also a compact geometry, like most modern road bikes, which in many C&Vers opinions makes it a torture to ride. I think it would make a great city bike.

For some reason, these sell very well on eBay. Some people hate the fat tube look, but I find it appealing. And I think lots of people equate it with the look of newer, more expensive fat tube frames. I've been watching eBay as I plan to sell mine (hint, hint). They go for anywhere between $150 and $250, before shipping costs. So, while the price may be on the high side, it's actually pretty close to ebay sales prices with shipping factored in. As far as I know, the highest level components I've seen on these frames is 105. RX-100 is actually identical to 105, except for an unpainted finish, which in my opinion looks better. Also, it's indexed, so you don't have to worry about friction.

For reference, if this one is stock, it's got nice SLR dual pivot brakes, a 7 speed cassette (12-23 I think), 52/42 chainrings, and black anondized Wolber GTX eyeletted rims with stainless spokes. Good solid parts on a nice frame.

Mine has been nearly completely overhauled (with the exception of the BB), which I doubt can be said about this one. I might list it on my local CL for $250 to see if I get any bites. But more realistically, I'd list at $200 and hope for $175 or so. I'd probably let it go for even less to a BF member.