I've got a low end Ridgeback MX2 that I use for commuting, bought second hand for £120 from LBS and it's been great so far. Not light, can lift up my mate's Cannondale road bike with two fingers, can't do that with this that's for sure, but it handles well and has got decent Shimano Acera shifters that are smooth etc. when set up properly (definitely avoiding saying 'oiled' there, just in case a riot breaks out

).
I put bar ends on it, which I find give a better riding position, but that's a personal thing.
Looks quite nice too, royal / chelsea blue frame, matte but shiny ish.
