yeah...i saw that listing the other night and got so pissed off that i nearly called the guy and chewed him out. (510 area code, and i'm in berkeley).
KHS flite100, reynolds 520 (or thereabouts) frame. stock KHS wheels (quando hubs/some dumb rims), old mavic cranks that are probably worth less than the stock sugino75s that were on it to begin with...this guy's a moron. $550 at the most for that bike.