I think the "problem", as it were, for Riv investing in a Ram/Rom budget bike now is there's already plenty on the market. Lugged Taiwanese road bikes are not hard to find anymore, and in fact Rivendell worked with SOMA to produce one in the San Marcos a couple years ago. I think Grant & Co. would rather work on bikes that aren't as easily cross-shopped with some frame at a fire sale price on Ebay. Which, incidentally, happened with the San Marcos. They ended up competing with online sales of their own design. Annoying!
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