I’m riding a borrowed bike named a Giordana Spica. It was lent to me by a friend who bought the entire bike for a few components. He lent it to me for my use while he slowly assembles the rest of the parts he’s looking for to build a new bike for himself. I may have a chance to buy this bike sometime later on either whole or by replacing the few components he bought the entire bike for thus leaving me with the parts he regards as surplus (such as frame and forks). I’ve done some research on this bike learning it was a private label built in Italy during the 80’s and named after the importer (feminized name). It’s built of quality steel tubing and fits me fairly well – or about as well as a standard bike will. By today’s standards, it’s heavy at 22+ lbs. My buddy is biased toward older bikes waxing wonderful about older bikes and generally acts somewhat skeptical about the newer ones. He is an expert – no doubt of that – but all experts have their biases. For example, at a recent bike swap, he went nuts about some bike from the late 70’s because someone had done something or another on that model, but to me, it was just an old bike. Lacking the heritage, I can’t enjoy the antiques. I’ve grown to enjoy road riding quite a bit and want a bike for myself. So my question is if I try to buy this bike from him or move to a newer bike. I have no idea if technology has moved forward enough lately to buy something new or if the new tech, like Ti, carbon and the new Al’s are really superior to this bike’s heavier steel core. How does one evaluate a bike? I do understand gradations in componentry like Dura-Ace beats a 105 (even if I’m not entirely clear on nuances) – that’s easy. What I don’t understand is how one evaluates the fundamentals of a bike. Specifically, is an older (20+) years frameset dated? Does it work less well compared to a newer bike? Has technology made significant progress which, if I bought newer, would make me a happier or faster (or both?) rider? The new bikes I look at in bike shops weigh 4 to 6 lbs less than my current ride. That strikes me as a LOT, but does that translate into a better ride? I ask this because I know some pursuits are equipment dependent. For example, years ago, my late wife (died young) who was a superb skier wanted me to ski too. I bought $10 equipment and didn’t think much of it. She badgered me into buying top of the line stuff which made skiing for me much more interesting and easier. OTOH, some pursuits are equipment independent so those who buy fancy or new are more posers than beneficiaries. So I ask this group – is there anything new under the sun which is significant in bike tech which would cause me to be happier on a new tech bike such as the Giant OCR1 composite which is what I’m considering? If there is a link to a ‘bike evaluation’ article, I’d appreciate it. Thanks.