Well, after work I took it down to a field next to my house..its a long hill so I had fun riding down that. I remembered of a little patch of woods that I see kids playing paintball in every now and again, its pretty sweet out there, nice little hills and jumps. The rain ruined my fun. I don't think I'm gonna replace anything mechanical. I want to get a new saddle and a shorter pole that the saddle is mounted to(I think its called a stem?)

EDIT: Heres a pic of the bike, excuse the toilet paper roll lol.