ok, now i'm a bit confused. I was pretty sure I have a cassette. the bicycle wheel itself moves freely with out the set of cogs rotating. meaning i can spin the set of cogs backwards with the entire wheel remaining completely stationary, is that a cassette or a free wheel?
Also, i have definitely gotten the bug, its fun. I like bikes but i cant afford even ones I've seen on craigslist. but i think i can get this thing going with new wheels for about 60 to 80 bucks and then some new cables and it should be good to go! i hope.