Originally Posted by
fender1
I think cyclotoine is right on this one... A bike that can take larger tires, fenders and handle well with a load is valuable to many folks who use their bike more for transportation than recreation... having a bike you can strap a case of beer (bottles only!) to on the way home on a Friday is invaluable!

Hear-Hear!
However, I have yet to pay that much for a bike I wanted - I patiently search out deals... (or try to anyway) I bought my R International for about $450 (which included the shipping)... Found a nice Schwinn Sports Tourer (frame and fork) for $10, built it with parts from a cherry SS I found for $90... $700 could go a long way...