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Twice now I've purchased used bikes "cheap". In both cases, I spent a LOT of time tinkering, fixing, adjusting and sometimes "undoing" all that was wrong with it. I enjoyed every minute of it because it's a nice way to distract my brain and deal with stress. If you're like me, and you want to and are willing to learn, then going used and cheap *might* be the right thing for you. If not, then I agree with everyone else that it's not in the least worth it. My plan however was always to start small and cheap and learn as I went along until I knew enough such that I could do all my own work. Once I reach that point (maybe sometime late next year) I will drop real $$$ on a nice ride that I can enjoy and feel good that I can fix anything that might go wrong with it. =)
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