As much as I love the old Schwinns, I don't see any point in complaining about how much "better" they were compared to the OCC bikes. The designers of the old Stingrays took their cue from custom motorcycles. So did the designers of the OCC Stingrays. Compared to a Typhoon, or a Varsity, the old Stingrays were impractical. No one was going to play BMX with a Krate, and you wouldn't pick a Stingray if you had to ride any serious distance. Style definitely took precedence over substance. Same with the OCC. The OCC falls short when you compare it to a BMX, or MTB style bike- neither of which was invented when the Krate was on the market. The choppers are strictly for cruising, and kids like to ride hard, jump curbs, and play in the dirt. The only area I would fault the OCC is the overall quality of the components, and construction. The old Schwinn bike was mid-century American engineering at it finest. It was built to withstand serious abuse. That's why you can bring a fifty year old Schwinn anything back to life with an overhaul and some fresh grease. On the other hand, the vast majority of bicycle owners, adult or child- then as well as now, don't wear out their first set of tires before the bike is garaged, forgotten, or sold.
The Chinese built OCC is, for all its cool factor, adequate, but does not exceed the task for which it was intended, which is cruising the neighborhood.
JWM