I lust after bikes with traditional materials and looks (none of those funny-shaped carbon frames for me) but innovative and functional designs. A frame with drivetrain stiffness that also soaks up road shocks. A wheelbase tight enough for efficient climbing but long enough to carry a touring load. The frame will be light, but it won't be compromised in it's strength. A wheelset that's supple, lightweight, and strong (because I built it myself ) with a rim that has a perfect weld. Hubs and bottom bracket with the smoothest bearings on earth, not sealed bearings either, but ones I can lovingly grease and adjust into my dottering old age.

[I'm going to stop here before I get accused of writing porn.]