Thanks for the responses. The ad said it was a 1200 but I suppose people could consider a 1220 a 1200 easily.

As for the size, my inseam is between 29 and 30 inches (for a 5' 8" frame) so if it is 50cm that should be a good fit. I believe I am between a 50 and 52cm frame. As for the shifters, I will make sure they operate correctly. As stated earlier, I have a friend who is really into road biking so he will definitely be a great help. I think the $250 offer sounds great. Thanks for the tip.