As requested George 🙂 . Have seen the bikes and today only the XS size remained at the local store in Prahran, so they must have been popular as about 5 of that size where available. More than the regular amount of assembly required but not difficult with the instructions provided. Eg the handlebars are not cabled to the frame for the brakes, easy job, same for seat post, front wheel, pedals, reflectors. Neither heavy nor light, suspect no double butting on the Al 7005 tubes for the frame, aero alloy forks straight blade. Frame colour and decals are ok and wields are even. Rear wheel spacing looked like the 130mm, wheel is not quick release and cable ties kept all bits together and prevented definite check with that. The rear cogs 7sp 12-26 by the look of it, the cranks are alloy 130 mm bcd shimano so allow future ring replacement in the future without trouble. Seat looks ok shape wise, not too much padding.
Handlebar no name brand, not sure if alloy or steel as painted black, feel is fine with bar tape, the brake only hoods feel narrow compared to the comfy sti type but ok. Stem is old style quill type. Brake calipers look basic but functional single pivot. Wheels have Alex DA 22 semi aero alloy rims with no name hubs, quick release on front. Not sure if the rear hub would accept 9sp cogs, just a maybe on that as there was a plastic packer device to protect the RD for transport. The derailleurs are above the cheapest heavy shimano group but do have the slotted guide wheels. Suspect a chain and cogs could move this from a 7sp to 9sp with the down tube shifter in the friction mode.
http://www.probikekit.com/display.php?code=k1039
http://www.probikekit.com/display.php?code=K1020
Slide some shifters onto the top section of the handlebar and remain in control.
http://www.phantomcycles.com.au/product.php?productid=118&cat=0&page=
for an all up $150 for bits and post, or just enjoy it as a 7sp unit for $300.
When I was at the shop a group of 5 LBS type guys came in to check the bikes out, a few shrugs gave it a good look for sure.🙁
Hope that answers a few of your questions.