Join Date: Oct 2009
Location: Santa Cruz, CA
Bikes: 2011 Cannondale Supersix 5, heavily upgraded 2000 Trek XO-1, Specialized Carve Expert 2013, 89 Trek 330 FG conversion, unknown 80s Basso road frame frankenbike
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They're both reasonably similar. The biggest difference is that the Raleigh has mechanical disc brakes and the Felt has cantilevers. The Raleigh also has an all-aluminum fork, while the Felt has carbon legs. How much this matters is debatable.
There's a lot of debate over the value of discs vs. cantilevers for cross racing. I'd lean towards the Felt for primarily cross racing (a little lighter, easier to get spare wheels for, especially used tubulars) and the Raleigh for commuting or recreational off road riding (where the cantilevers may feel underpowered for emergency stopping, or tiring for extended off road descents). They're both fine looking bikes from the specs.
I find the paint jobs on both bikes kind of boring, honestly, my usual tie breaker. Another good tie breaker is, if they're available from different shops, to go with the one that you like better or is more pleasant to deal with.