IME (N=1), the newer suspensions have all but eliminated this - as long as they are properly tuned/adjusted. With the new Fox RE:aktiv XC on my Top Fuel (and similar from RockShox), I have only had pedal bob on very steep road sections where I can get out of the saddle due to good tire grip. Since I rarely get out of the saddle on the trail, or in races, I have never locked out the front or rear shocks during a race, and have never had pedal bob. These new suspension react well to bumps vs. pedal input. I know some people will say it exists, but most of the XC racers I know rarely lock out their suspensions with these new shocks. Again, the key is to properly maintain and setup both the front and rear.

I agree, if we're limiting it to the mid/upper end. It's still there on the lower end.

Thanks all for your answers - I ordered the 2018 Trek Fuel EX 9.8 today. I'm told that the shocks in it adapt to climbing, etc. pretty well without lockout being required. Picking it up in a few weeks.

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Very nice :)

Very solid choice.

Check out Whycycles.com. I have the S7 and was in your shoes a few months ago. The S7 is addicting to ride and a work of art to look at!
Larry