I have used that exact tire a number of times, and although they ride very nice generally don't last all that long. I have had great luck with the Hutchisons.. Fusion COmp or the Long Distance version of that. Another great tire is Maxxis.. they have the Coucherval(sp?) that is around the same price and another great folding one around $30.

The more expensive tires do roll much easier, are stickier as far as leaning into the corners, and tend to make us feel much faster and happier to be on the bike