Hey thanks for your replies. Fietsbob, I didn't really understand your second point about the thicker walls of the steel tubes. Are you saying that a cheap steel frame will have thicker tubes and therefore be more amenable to a quicker build in a factory, saving some money?
In any event, after being in touch with a guy who had one who loves it and uses it on and off-road I ordered one through the LBS - they're having their annual spring sale (I guess along with hundreds of other bike shops) and gave me a couple hundred off of list price, which will also include a professional fit, some modifications (upgrading brakes for cost of parts, etc) and a few goodies.
I think it'll be good for my 60-90 minute exercise rides around the city where I live and for taking on vacation.
I'll get it next week and report back.
Thanks for your input.
Neal