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I haven't used risers on a fg yet, but IM-uninformed-O drops give you a whole load more hand positions... I think allot of ppl just have the bars lower down than they'd have risers for looks, so its not really a fair comp.

I have used both. And IMO opinion drops look a lot better on a classic looking bicycle.
However, i ride risers on my Mercian because, although it would look better with drops, i prefer riding on the streets with risers. Simples.

Bingo!