Renovating older hybrid, worth it?
I've been eyeing my old hybrid junk bike (Raleigh mtn bike, circa 1990, steel) and contemplating converting it into more of a touring type of setup that I could use as a winter beater/commuter. Right now I pretty much hate the components that are on it. But, it's got a steel frame and all the necessary braze-ons for mounting racks to it.
Basically, for it to do what I want, I'd have to replace basically everything but the frame. I'm starting to think it might not be worth the cost and effort, perhaps I should look for a better starting bike that is already closer to being what I want it to be? The frame size is not quite right for me, either, never has been.
The other thought that I have is to just clean/fix it up a little bit (it hasn't been properly serviced in a loooooong time) and keep it around as a guest/loaner bike.
Thoughts?