Well the bike boom bike I always wanted was a Varsity but that $100 price was out of my and my families reach. My first adult bike was a department store 10 speed (from a store called Grants that was going out of business so the noramlly $70 bike was $35) that I have for 5-6 years -- I think 5.75 of those years it was a rusty mess.
I have a Varsity in the basement waiting to get redone. I bought some Nashbar 27" alloy rims and plan on using the original hubs and building up my first set of wheels. That will be a next winter project.
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