
Originally Posted by
Grog
I agree that a good bike won't be a waste.
Do keep in mind thought that you will need to buy other things on top of the bike itself, like automatic pedals (the ones you clip into), shoes, gloves, a seat bag to hold your repair kit, spare tube, etc., bike shorts if you don't own a pair already, helmet if you don't have one, etc. These things are important, but they add up. So if your budget has an absolute upper limit, make sure your bike AND the accessories fit in it. (Be aware that although you cannot really get a discount on a bike, you can get 10% or more on the accessories very often...)
Enjoy!