Well...for what its worth...
I was FINALLY able to check the Varsity out. It...didn't really meet my expectations...and they were not very high, coming from Wal-Mart. To me, the bike just...Didn't feel right. And that was basically the first time on a road bike.
I had been looking at a Trek 1000 SL at my LBS...but having a hard time talking the wife into spending $650 on a bike. Needless to say...I went to check out the Trek a little closer. And with just standing over the top...WHAT A DIFFERENCE!!! ...WOW...it was Night and Day. The Trek just...Felt GOOD. I also did try sitting on a Scott, they basically felt the same. Today, I'm planning on checking on a Giant and Speciallized...just to see.
Now...with all that being said. I did, just to make sure, go back to WM and sat on the Varsity again. I don't know what it was...???...but it didn't feel right/good. ??? After thinking about it, I figured it must be the different accesories on the bike? (Handlebar, seat, wheels?) So, I basically built up the Varsity to the same componetry as the Trek. I came up to $645 going on eBay, doing "Buy it now". To me...it just doesn't make sense to go with the Varsity. One 'plus' is that I could be on the road...tomorrow. But I know that over the next few months, I will end up spending more than waiting to buy the Trek. Not only would the parts end up costing the same, but I didn't figure in Shipping Charges or Shop costs (if I cant do something)...needless to say, also, if I would buy the wrong parts.
And just for the record...I was fit into a 54-56 Trek frame. I believe the Schwinn is about the same Stand Over height. ???
I don't mean to sound like I am putting the Varsity down. But...for me...a beginner 'Road Rider' I think that other options would be wise to look into.