ECS MB + AMD Phenom II X6 1035T Six-Core CPU $150 at Tiger Direct
Walmart.com has the 26" Women's Kent GMC Denali Road Bike for $148 + shipping. Shipping is $20, or free ship to store for select locations. This is a 21-speed road bike with a lightweight aluminum 22.5-inch frame. The Shimano derailleur and Shimano Revo shifts make it easy to change gears quickly and smoothly. [BizRate]
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#2 is a bike thief.
I bought a WalMart bike in 1994 or so -- great bike (already assembled). Later bought a Trek 730 (hybrid) - great bike also, but some $700 more. So this might be heavier - are you doing time trials or riding for fun/exercise? Then I suppose a little extra weight won't hurt you, will it?
Never had someone try to steal my Trek. My WalMart bike got pinched after 3 weeks (thus the Trek purchase, with better locks).
Its not so much the weight, its the fact that these bikes have super cheapo components that are not at all smooth, comfortable, or reliable.
#3 agreed on weight(probably 30 lbs). It's just too much weight for my lady friend to be peddling up 'em hills.