Okay, I'm wrong. It's a '90 model. Geometry is definitely more relaxed than on my '88, which might account for a more sluggish feeling ride. Doesn't appear any of the tubes are high tensile steel.
You could market this as a decent rando or fireroads bike, as you can get fat tires and fenders on it. Also has double eyelets on the front, ideal for a front rack (edit: okay, yours doesn't, the one in the catalog does!).