I was looking at the same model/color (presumably year) on eBay a couple days ago. I couldn't find it in any of the 80's catalogs, however the World models have always been at the lower end of the line.

Sure does look clean and shiny though. Nothing wrong with a low end frame...if you like it and it fits you, you can do a lot with it. Plenty of us love our Schwinn Varsities and they are tanks.