Hi and thanks for the replies, I will keep the GT and do that up as a project now, might take me a couple of years but i'll get there in the end.
It's a pity about the drops but I couldn't find any hybrids with drops that were within my budget, can drops be fitted to my new bike or would it not work/ too much hassle ?
Tires are 'Bontrager Select Invert' they appeared half slick. Fraid I don't know too much about tires.