I agree with Drinyth on this, the 2003 Felt S22s can now be had for a subtantial discount. (Several dealers in the Chicago area have started to do so now that the 2004s are dribbling out.) I owned a 2003 and liked it a lot before moving up to my 2004 DA 650. The 2004 S22 will have the Shimano DA and other upgrades, but the Ultegra on the 2003 S22 is pretty sweet and overall the 2003 S22 is a nice machine. If you don't want the 2003 S22 or can't find it in a size that fits you (and correct fit is CRITICAL -- don't buy anything that is not the right fit just to save some cash, it is not worth it) the 2004 S22 would get my vote in your price range and even over bikes that cost a bit more. Dave