I looked at the Pacer in my search for a second road bike. It's a nice bike, though I think you could do better on the components if you find yourself wanting to do longer recreational rides. I'm sufficiently short-torso-ed that the geometry probably wouldn't work without a signficantly shorter stem, but if you're not a freak like me, go ahead and test it. You have nothing to lose.

(It's steel and British racing green, though, which is a big plus in my book. )