I just received a gift from a wonderful woman in New Hampshire - a check, just because.. I used it to buy a new set of wheels since I'm going to be car-less for a while yet. At least I can pedal up to the corner store when I need to.
It is a cheap bike. That was my budget, but everything works. no rust, good tires, chain and crank ok. I would have rather had a drop frame but couldn't be choosy. At the price I got it, I could easily upgrade when I get the chance.
I took it out for a half-mile spin when I got it home. I thought I was going to die. There are muscles that haven't been used in way too many years. I was wobbly-kneed when I got back. I guess I"ll have to work up to it.