My frame is an 11 year old Reynolds 653 that weights about 15 pounds. I am sure that there are very nice steel alloys out there now. I don't have a lot of road vibration in the handlebars, etc., but honestly, I think the newer alloys are probably much nicer.

I like steel because you can fix it. If CF breaks in half, you own both halves & that's about it. I don't like the way CF rides (OK, I'm nuts) because it is too squishy in the corners for me. I like to feel the road, as I think I have more control in fast corners, bad weather, etc.