It's a junky, ugly road bike, but if you're looking for something cheap and functional it's not a bad bike to commute on. The only problem is that the components are cheap junk. They're difficult to keep adjusted, but if the components fail or fall apart, the dérailleur hanger is long and nearly horizontal, making the Triax Crimson road frame a decent platform for a fixed conversion on the cheap.
Carlos here converted his Triax bicycle to fixed gear. I love the Jesus picture in place of the headbadge on this bike.
Because the components on a Triax are so junky, converting to fixed is probably a good idea. Upgrading the wheels and tires and replacing the drop bars with those bullhorns makes the bike a little cooler, though it's probably overkill. Those bars are possibly worth more than the frame. The wheels certainly are. Carlos rides brakeless with flat platform pedals.
Carlos doesn't speak English; I was surprised to see a recent immigrant Latino riding a fixed gear bike. In the Bay Area, many "fakengers" (like me) are comfortable white people with steady income.
Carlos obviously has some pride in the bike and he told me he built it up himself. I imagine the frame was probably acquired used with non-working components.
Those in the San Francisco Bay Area will recognize this photo was taken on a Caltrain bike car during the evening commute. Almost every person in this photo is a bike commuter.