Join Date: Oct 2006
Location: United States of Mexico
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Depends on what kind of riding you're doing.
I guess if I were riding a Sirrus in NYC, just getting into riding, I'd go with a mountain bike shoe and pedal.
Maybe take a look at Performance. I think they might have a couple of crank bros. pedals on sale for around $60. A lot of people like these. Check the coupon forum for a hot deal.
Next, figure out your cycling/walking ratio an select an appropriate shoe. Performance oriented mtb shoes are not pleasant to walk in while the most walkable shoes are not great for riding.