MERLIN Ultra Light

Nice but I don't think it is an extralight (XLM) so for me the ultralight part of the description is a bit ......mmmm....misleading.
Looks like a lovely plain guage 3/2.5 Ti frame nonetheless with some nice bits on it.
8)
 
What year do you reckon its from? Late 90's? Some of the parts seem to be a bit older, some a tad newer.

Anyway, a really nice bike like you said :D
 
This one has been on ebay a few times over the past year. Hard to miss with those red cable housings. It'll be up again.
 
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