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Question:

what would my best option for a bmx bike be for under $350?

what would my best option for a bmx bike be for under $350?

Answer:

Such wire from the 60s is/was used in direct contact with insulationIf it was me, I would inspect the wire closely, does the outer sheathing break apart or crumble easily? If there is any reason to think it should be rewired some day I wouldn't cover it upBut if it's in good condition I wouldn't have a problem insulating around it.
The tubes are only used where the wire goes through a studThe knobs are a stand off device about 1.25 inches in diameter and about 3 inches tall with a nail through them to a stud or rafterThis system was seldom used after WW2 but maybe in your homeDo not insulate around the wire of a KT systemThe old rubber insulation on the wire will breakdown and fall off the wire exposing the bare conductorKT should be disconnected and removed where ever it is located it is now just too dangerous to risk a fire.
Depemds on if you are lookimg for a race bike or a freestyle bikeYou can pick up Haro's from the bike shop for that priceThough they will be emtry level bikesDont pick a department store bike up they are cheapley made andnot put together well.

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