Went down the pub yesterday afternoon with a mate on our bikes and while he was inside getting 'em in I had a look at his bike, as he'd asked me to look at the squealing brakes. It was an old Shogun MTB and had steel rims (!) and yellow plastic V brakes on it. The seatpost was round the wrong way and the saddle was pointing upwards. The handlebars were steel, also. We tried to adjust the brake blocks for a bit of toe-in, but the bolts were seized. The blocks seemed to be polishing the chrome on the rims accentuating the squeal, I suspect? He started saying about getting a new one and all I could say was "Good idea!". Good pub bike, though, I suppose. I wouldn't nick it!