Originally Posted by
Zekat
I found a Giant Boulder (steel, no suspension) in the used bike room of a local bike co-op for $100. Add $60 for a tune up and I was commuting on it the next day. I've since added fenders, front & rear racks, a high-power DIY light system and studded tires. 2000+ miles later (and on the second winter of commuting) it's a little rusty in spots, but still rides fine.
I think that Giant was one of the most underrated bike values on the market for a long time. I have a 1991? Giant Iguana that has been thru the wringer and is still chugging along. Currently it is being rebuilt as an Expedition Tour bike. I hope to have it back on the road this spring.
Aaron