It seems expensive for the work needed on it, but I don't know anything about bikes. Can anyone tell me if this is worth it and if not, how much should i pay for it?
I have a Centurion Iron Man that was in similar shape and I only paid $60 for it. After I replaced everything and turned it into a single speed / fixie it was still WAY under $200.
I will say this though. With the right components that bike will weigh about 15 lbs ... so thats nice.