Originally Posted by sweep242
So took my bike up from the laundry room (using it on the rollers) to lube it up & noticed this.
This is the bike i just got in November 06 & hardly ridden.
MOFO
This is not as bad as it seems. Your frame is toast, but that's a warranty replacement if ever I've seen one. Contact the shop you bought it from and they'll contact their (Trek?) rep. You'll probably end up w/ an '07 version of the same bike.