Ok, so I'll pass on the trek, unless they seriously drop the price.

How about this (if you don't mind indulging me further)? I know nothing about suntour component levels. This forum is wicked.

Fuji America, Someone stripped and rattle-canned it blue some time ago and the paint is scratched up. Otherwise in very nice condition. Chrome rear triangle, chrome front fork. Nitto (Fuji pantographed) bars and stem, SR Apex cranks. SunTour Cyclone M-II rear derailler, SunTour ARX front derailleur, SR Laprade seat post, Dia Compe G series brakes with new levers and new hoods. New bearings and grease in the Sugino bottom bracket, new cables and housings, new Dura Ace cable clips. SR Pedals. Currently it's running a mixed set of wheels with 700c rear and 27" front. $175 without the wheels or $250 with.