It's alright for an average joe. Though i will be hesitant to recommend it to someone who doesn't know little know how about bikes.
Top speed is 105-110Km/h.
Braking is average. No other way to put it. And even that average braking is after your drums/brake shoes are well seated.
In my case , rear wheel drum was too wide for stock shoes and hence terrible braking. Eventually i had to get the sleeve redone and now genuine brake shoes fit nice and tight and serve for long time.
About rust, i think Karachi riders can give better idea.