I have a Felt Racing saddle (sorry, that is all it says on it....) and it is like butter when I wearing $100 PI shorts. I got lucky on that bike.

On my commuter I have a Selle Italia Max Flite Gel or whatever it is called. I don't like wearing Lycra to work (if I did, it would really horribly kill my budget one month) and the cutout helps with the seams not digging into my skin. I don't, well didn't (I have a fitness issue I'm working on regarding my lower back, anything over 20k and I'm in pain), ride much further than 40k. My arse adapts/ed to it fairly quickly, it gets a little tender if I've been off the bike for an extended time but goes away after a few rides. It was $300 and made out of the finest Italian leathers.....well, I tell myself it was made out of the finest Italian leather so I feel better about the price.....