One of my bikes is an old Hillman custom steel frame road bike. It's a lovely ride from a respected Australian frame builder. Originally a loaner from a mate, I have now taken ownership. The frame is a little big for me, and I much prefer my new bike (Look KG451) which is a perfect fit. I don't want to throw the Hillman away cause it's such a nice ride, and despite the size difference to my new ride, I rode the Hillman for a year without complaint, including an 200km mountain event. It's about 10 years old and is beaten round a fair bit. I would estimate a couple hundred bucks to get it riding nicely.
Specs
Steel tubing
7 speed 105
Mavic Open 4CD rims
ps. I wouldn't want to upgrade to 9 or 10 spd as the cost would be too great.
What do you think I should do with it? I mostly ride day events in the hills, but also spin with friends a lot. I commute to work on the Look, and am now getting interested in amateur stage races.