This is some truth in what you say; but I've seen many quite portly cyclists on bikes (aluminium, carbon fibre/titanium) costing upwards of £1,000, purely because they have been told that such bikes are what they 'need' to have. They have expensive bikes with aerodynamic wheels, the latest groupsets etc., etc, - all designed to make them go faster. How many of us are top cyclists and really do benefit from the latest materials ? Surely, for recreational cycling, a good 531 frame is perfectly adequate ?
Recently, I went out on a Reliability Run for the first time; only one other cyclist had a steel frame. An elderly chap told me that my FW
Evans was very similar to one on which he used to race in the 1980s. If it was good enough for racing back then, it is certainly good enough for me to trundle around on today.
I believe that it is largely down to fashion - many cyclists (and those starting out) want to be seen on the latest thing - which steel certainly isn't; however, that doesn't mean that it isn't more than adequate for the needs of most people. I think that it is important not to confuse
'progress' with
'fashion'. I suggest that
that is the reason
why old steel framed bikes are hardly seen nowadays.