We Have 2 'Older' Schwinns
My daughter-in-law has a 2000 Schwinn Frontier FS and my wife has a 2006 Schwinn Hera WSD. Both bikes have pretty decent components a notch or two up from current Walmart bikes and run smoothly and reliably for the bike path and light trail riding they are used for. I recently looked at a new Specialized Hardrock and the shifters/deraileurs/front forks, etc. are at the same level as these old Schwinns! I know the Specialized has a much better frame but are the components on the new bikes closing the gap toward Walmart bikes? By the way - my son rides a Giant Warp and I ride a Giant Yukon which are both excellent bikes for the money from our point of view.