I went to my LBS to buy the Trek 7700 and came home with a Gary Fisher Montare. I rode both bikes in the shop and liked the Fisher better. I think the Fisher has a better component package and also Avid disc brakes. My LBS changed the tires to Bontrager Satellite Elite 700x38 and they are very smooth rolling. I rode it back from the store(about 12 miles) and had no problems. Needless to say, I like it very much.
I also got a Cateye wireles cycle computer which I think is essential for anyone who rides.