I saw the CL ad for that one in Santa Cruz (Aptos) and it looks very good in the pics, worth $175 if it looks as good in person. Lygies were actually a pretty big brand in SoCal when I was a kid (and I lusted for one but never had the $$) because there was at least one shop bringing them in and they sold a lot (might have been Hans Ohrt, but don't know). I think the quality back then was about average for a mass-produced Italian frame (i.e.: NOT Cinelli or Masi quality, these were probably an Atala product) but they sure looked good to my teenage eye.