Have you ever been so close to victory, just to have something foolish occur and take it all away?

Tip of the cycling cap to: misterarthur

A new project has launched over at Trek. Project One is an new custom bike effort that allows you to build your own custom bike, complete with your choice of components, paint scheme and adding your name on the bike.

Simply go online, create your bike, visit your local Trek shop to fine-tune your choices and you’ll be off and riding your very own custom bike.

Can’t wait to actually see one of these on the streets.

On Friday, as part of the $700 billion Wall Street bailout package, President Bush signed the Bicycle Commuter Benefits Act into law.

Beginning 2009, an employer may reimburse employees up to $20 dollars a month, tax free, for expenses spent related to commuting by bike to work. Items that fall into the expense category can include: equipment purchases, bike purchases, repairs, and bike storage. Of course, this is providing the bike is used as the main source of transportation to and from the office.

See the complete article at Cyclelicious.

Lance Armstrong announced on Wednesday that he’s planning on riding with Team Astana. With the announcement Armstrong reunites with Johan Bruyneel, who is currently serving as Astana team director, but more importantly, was the man behind the 7 yellow jerseys.

In an effort to prove he’s clean, Armstrong also hired anti-doping expert Don Catlin, who has the authority and ability to test Armstrong at any time and post the results to the web for all to see. Lots of discussion is already hitting the Internet regarding Armstrongs hiring of the expert. Does this tarnish the credibility of the tests? Armstrong made the following statement:

“I think it’s the first time an athlete can actually be totally validated on the chance he’s successful…”

What are your thoughts on the return of Armstrong and the hiring of an anti-doping expert into the Armstrong camp?