I have a Forerunner 301, which doesn't have a cadence option, so I put a Cateye computer on my bike too so I can at least monitor my cadence in realtime. I crave a 305 (or even a 705), but really can't justify it.
I think if you're serious about your training, you're going to want to be able to download your cadence track along with your other data (which obviously I can't with the setup I have), so your choice is $50 for the Garmin cadence sensor vs. $300+ for a whole 'nother computer.
The handlebar mount for the 301 works fine, FWIW. You don't have to take the wrist strap off (which as you know from yours is a major PITA), just loosely fasten it. The OEM handlebar mount for the 305 is actually a couple of bucks cheaper than the Polar unit. Don't know what shipping would be though.



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