I ride a Sedona, and I have been happy with it. My guess is at that price the Sedona is an SL??? The one without a suspension fork, and a steel frame? The non-suspension fork is a postitive in my mind, since I enjoy the ride more now that I have gone rigid removing the suspension on my DX model.
However, I say give them both a good test ride, and buy the one you like best.
Personally, if I were choosing today, and it is at a similar price I would actually prefer the Giant Cypress, which is like the Sedona but with 700c wheels... and Trek's corresponding model, whatever that may be.