Hi All
If I can throw in some personal experience over the last few months....I weigh a tad over 100kgs and have recently gone through a few upgrades.
Firstly I upgraded the wheelset on my Alloy Frame to a set of Fulcrum 5's, next I replaced my Alloy Forks with a full carbon set, then a couple of months later a deal on a Felt Carbon frame come up that was to good to pass up.
1. Wheelset - this made a huge difference, the bike felt faster and easier to keep moving forward when I hit a rise or hill.
2. The carbon forks basically had the same effect as the 38mm tyres I have on my Flatbar, it soaks up the bigger bumps.
3. The Carbon Frame feels more flexible and again soaks up the bumps so is a lot more comfortable.
4. The Carbon Frame feels more responsive, i.e. when I hit a rise or a hill it feels easier to keep the momentum going.
To put this all into perspective I took my old steel Flatbar out yesterday as it was cold and wet, I rode it on a regular route and overall it was around 10kph slower in all areas. I have bar ends fitted and the bike is as close to the road bike as I can get it as far as riding position.
In Summary, Wheelset made the biggest difference, followed by the Forks. Overall Weight, 8.6kg compared to my 14.5kg Flatbar 10kph difference.