Low enough that it fits properly when you put bullhorns on it.
Mine is 58cm ctc, 90mm head tube and 26" front wheel, i.e. the top of the head tube is about 60mm lower relative to the top of the seat tube compared with your faux pro
My 62cm ctc seat and 140mm head tube yield a 50mm measurement. Is that 10mm the difference?
My 62cm ctc seat and 140mm head tube yield a 50mm measurement. Is that 10mm the difference?