I started out mountain biking, and have been doing it for around ten years. I had an old Mongoose Hilltopper(low end ~$400) that treated me right, ran okay, and never lost parts. It was good.
Last year, after much abuse from my wanker riding buddies(in my world, a wanker is a guy who pisses away loads of money on all the hottest gear, because they think that makes them better human beings) so I went shopping for a new bike.
I wanted a Jamis Dakota XC, a nice (steel) hardtail with good components, but I couldn’t find it anywhere. Without starting up the Fe vs Al thing again, suffice it to say that I was not happy with the Al offerings. After much searching, I couldn’t find a decent steel hardtail in my price range, so I sold my soul to the devil and bought a Giant NRS 2.
This is supposed to be a great full suspension bike. I find it to be too twitchy for fast downhills, and the compact geometry makes it so that the seat is up too high to hang my ass over the rear wheel. I used to have a rep for going down some truly scary stuff, and I can’t now because I’ll endo.
Also, I have been replacing parts at a rate of $300-$500/year. That’s just silly. I only ride MTB once a week, and I don’t abuse my stuff.
Now that I have bored you with my story, I’ll give you my two cents worth. Find a bike that is comfortable and that you can afford. Keep in mind that the better the bike, the crappier the parts, by which I mean that parts like RaceFace Prodigy and Deore XT perform well, but are made of aluminum, so they have a useful life of less than one season. The lousy department store bikes suck, but everything is steel, which is why in the 8 years that I owned my Mongoose, I NEVER had to replace any chainrings or cassettes, and the guys at the bike shop were amazed they showed no wear.
Disc brakes are the new cool thing, and all the wankers(like the guys who write for the cycling rags) will tell you you’re a loser if you don’t have them. Well, be a loser. Disc brakes can be grabby, need a lot of adjustment, and, something they don’t tell you at the shop, when the rotor gets dinged, and it will, it usually can’t be straightened, and a new one is $40. Plain old cantilever brakes work just fine.
Regarding the suspension vs hardtail choice, if you ride a lot of trails, techincal stuff, and climbing, then I like hardtails. If you want to freeride, get a dualie.
I could go on and on, but I’ll spare you. Do ride any bike on actual trails before buying.
I did do an off road duathlon last season. It was very hard, and very crowded. Think about how crowded some of the regular tris you do are, and now put all those cyclists on singletrack. If the trail can’t support 300 riders, it gets ugly, especially if there is a section of the trail that goes from a fast flat to a steep incline.
Beyond that, I love MTB. It’s a great way to stay in shape, and you get to do a lot of high effort work mixed with recovery in a way that you often can’t on a road bike.