Take a look at my new ride.
Pretty awesome, eh? And it cost 0.2% as much as Steph's new ride. And hers is only a 5 speed, not an awesome 18 speed like mine. My ride uses less gas too.
The goal of this new bike is to use it as my winter bike--something cheap that I don't care how beat up and rusty it gets from the salt and snow and cold. I've already removed the baby seat. Although it weighs about a thousand pounds, I'm planning on converting it to a single-speed too, so I have less to rust out. From riding last winter, I determined even geared bikes are effectively single-speeds once the cables and derailleur springs rust so shifting freezes up. At least this way I can make a conscious decision of which gear to use instead of being at the mercy of whichever gear gets randomly chosen by the road sludge.