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I have a USA Made CAAD 8 from 2005. It's excellent, in perfect condition and of the racy variety I believe. Picked up the frame from here for £150 if I remember correctly ( a 54cm too)
Has room for 28c tyres too. I built the bike with second parts and it was under the £500 mark.
Here's a gratuitous pic:
I think mine was good value as there's nothing wrong with it and I prefer it to my 2010 BMC. hunt one down!
TRA
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yoshy
This is good info, thanks. I'm not totally set on one but am keeping my eyes open for anything at the right price-other candidates are BMC/Canyon but all quite hard to find 2nd hand and therefore relatively spendy.