Senior Member (Retired)
Join Date: Sep 2001
Location: Great North Woods
Bikes: Vittorio, Centaur triple; Casati Laser Piu, Chorus Triple.
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I love my Northwaves. And they do take SPD cleats. The pedals you buy will (almost always) come with a set of cleats.
Since you did not specify what kind of bike or riding you do, you might have many choices in pedals. I would also recommend double sided SPD if it is a road bike, and you will always ride cleated. If it is a more general use bike, you might want SPD on one side and platform on the other. I did that on my city bike (Shimano
M324s - they are actually OK).
As for cheap, that is a matter of degree. For various reasons, I chose VP-104s for my road bike, and love them. They may be discontinued now, and therefore very
cheap. These particular models supposedly can't be repaired (whereas the 106s can), so I picked up a few pairs as they were being dumped by stores. However, evidence from people here indicates that several years of hard riding should not be a problem. Then I can see personally if they really can't be repaired.