So here it is, took a few pictures of the Modulus that I picked up. Same as yours JunkYard, although the guy who I bought it from swears its from the mid-90's. Either way, it's a really nice looking bike and it rides incredible, without the slightest tuneup on my part (although the wheels need to be trued). I got really lucky finding this bike for my girlfriend - at first my best chances were to get a super heavy women's bike for $100. Instead I got this beauty for $80...I thought I'd never find a 48cm frame. Everything about this bike is so right...if it weren't so tiny, I'd keep it for myself haha.
I like the way that red and black looks a lot Machin...is that Modulus one of the later models?