Thanks everyone!

Rocco - good info on the tires, thanks!

Old Fat Guy - don't think I'll flip it. Doubt I could get that much for it around here. There's two like it on CL in our area; one for $60 and one for $80. I'd rather just ride it. I'd also hate to go into work and be asked by my manager how the bike's working - and tell her I flipped it and made a nice amount on it

I'm just getting my feet wet into road riding; I think this will work perfect.