Meet Sven. It is my "new" bike. It is an early 80's(I think) Schwinn World Sport. I got it for $30 and put about $45.00 into it. I had some other parts around so it wasn't that expensive to fix up. I learned a bunch about wheels and how bad I am at truing them. I need to leave that to the pros.

So here are the specs on the sucker:

-Steel frame and fork
-Aluminum rims laced to Suzue hubs
-ACS Claws 18t freewheel
-54t chain ring
-Sugino GT Cranks
-Continental UltraSport tires with Specialized tubes(27x1 1/4)
-SRAM PC48 Chain with PowerLink
-Front brake only(Stock Schwinn)
-Crappy seat(Will be replaced soon)
-Pedals with cages(Off my old Specialized Rockhopper)
-Handlebars(Stock Schwinn, no tape)

Top speed so far on flat land: 26mph
Weight: 19.1 Lbs

Well good night everyone.
-pete

EDIT: I determined that the bike was built on the 328th day in 1981. So my sister isn't much older than this bike. :)