I'm usually more into the "buy a 2nd hand steel bike and do it up" but I've been quite interested in folders lately.
What's your opinion on this?
http://www.trademe.co.nz/Sports/Cycling/Other-bikes/auction-92933072.htm
I'll probably end up chucking the reflectors and switching what appears to be a chromed steel seatpost for an alloy one. The cranks seem to be steel as well so I might fit an alloy roadie one on as well. Also, I have a nagging question about the frame, which I'm guessing is 1020 steel. Is it any worse than 4130 for ride quality? What about rust resistance?
At the end of the day, would it be more worthwhile to spend $175 and a small bit extra on the parts for this bike or get a nice Dahon?