I'm in the process of repairing an old 86-87 Raleigh Obsession MNT (7speed) to use as a winter bike. I just ordered the Nashbar 7 speed freewheel, some new STI shifters off ebay and a chain. Also went with the City Contacts to replace the old knobby tires. Didn't seem right (or cost justified) to try and morph it into something different.