I figured I'd test out the bike today by riding from ANU to the Royal Australian Mint, following the western edge of the lake, and then back across the Commonwealth Avenue bridge:
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I had lunch on Black Mountain Peninsula, which is full of picnic facilities and carparks. Canberra is over-tamed. After that I rode a long way west and south, around Government House and what must have been a golf course. I didn't end up making it to the Royal Australian Mint as I missed the turn off, which was presumably one of the several marked "Woden". I stumbled upon the Oaks Brasserie that I'd been to with Pete R. and Loan, and had a snack there (pricey but a nice ambience). As you can see on the map, they've screwed up the bike path around Alexandrina Drive, presumably so the Toorak Tractors in exile save $0.01 on their fuel bills when they go to visit the GG. Even so it was an easy and relatively quick ride back to ANU on the mainstream commuter route. The weather was pretty much perfect the whole time.
The bike goes OK after I futzed with the quick release stuff and the front brake, but the gears need adjustment; I'm operating on roughly eight when I expect there is 12. Ben also reckons the brake pads need replacing, and doubtlessly the tyres need to be pumped up. It's easy to ride on the flat, but a bit creaky powering up hills. I've added a rack to it and Steve H has gifted me some panniers that will do the job.