It's a decent bike to start off on. The other models mentioned are similar in quality, and you really should try a few out to see which one you're more comfortable on. The geometries of the frames vary a bit, and one or two aspects can be off and you will never get truly comfortable. I personally like the Cannondale Quick series.

It's not about spending a lot, it's about getting the bike that suits you best within the price point. A good shop that takes the time to FIT you (not the quick sizing you get when you first try a bike) IS worth it's weight in gold!