I have a Claud Butler Urban 100 (2007), and I've been using to it get to work and back for a little over a year, and it's not a bad little bike for the money. I guess its biggest failing is that it's rather on the heavy side, but I've found it fine for my needs. I ride about 14-15 miles/day on it, and I thoroughly enjoy myself.
As fas as I remember the Urban 200 has front shocks (and a suspension seatpost?) which will smooth out the ride over speed humps etc but it may also slow you down a little as some of the energy you put into pedalling ends up being absorbed by the springs as the supension bobs up and down. Probably not a big problem though.
Anyway, I'm sure you'll have a lot of fun on it. Sure, there are better bikes out there, but as Over The Hill says, no point in spending a lot of money until you've got the experience to know what you want.