$40 CL Miyata 210. Ugly and beat up as found:
Still kinda ugly int he frame department, but it will make a nice fowl weather commuter :
It got some old 700 wheels thanks to another forum member, new cross tires, a neato nitto stem, $15 44cm alloy bars, cross levers, techtro levers, a cheapo frame pump, suntour bar ends, a ritchey triple, shimano ultegra front der my LBS gave me for 5 bucks, a suntour accushift rear der, and yes, that's my brooks with the cutout. That always goes on whatever bike I commute on.
Over all I think I might have $150 into the entire thing, but that pays itself back to me in gas money saved after just a few weeks of commuting.
The only problem is that every time I get on the bike and start peddling I fall over before I start moving. Not sure what the problem is...