Sounds like you want to do a lot of very different things with one bike. A hybrid definitely isn't your answer. For one thing, you mention road racing, and a hybrid will typically have a flat bar (not a drop bar). You can race with a flat bar bike (it's against USCF rules). Also, a hybrid isn't meant to ride off-road except on the mildest trail conditions.
A cyclocross bike is a can-do bike! If I had only one bike, it would be a cyclocross bike. For the road, throw a set of slicks on it and you'll keep up with the road bikes, except maybe on descents (depending on gearing). Want to commute? Many cross bikes come with braze-ons for racks. A little off-road riding? Cross bikes can ride most mtn bike trails, with the exception of the very steep (the gearing is more like a road bike than a mountain bike) or the very technical (no shocks and the tires aren't as wide as mtn bike tires). Loaded touring? Probably, again depending on gearing -- might not be enough to carry lots of weight.
Cross bikes rule!!!



I'm an ultrarunner who would like to get into xterras, especially since I'm used to swimming in open water and most ultras are on trails.
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: how are disc brakes different from conventional brakes? I definitely don't have the mega hills that SF has, that's for sure!
--disc brakes stop NOW! I tried out a bike when I was test riding a bunch of different ones that had discs on it, and WOW, they were really different. I squeezed the brake levers with the amount of force I would have for regular brakes, and nearly went over the handlebars. Ok, that is a bit of an exaggeration, but those puppies really worked, that's for sure, and I did pitch forward some. I kind of liked them, once I got used to them, but the bike I ended up with has regular brakes on it.
