I found 2 geared mini-velos for under $300. The steel Mercier Nano (which looks a lot like the Windsor Nano) from Bikes Direct, and the Aluminum Gazelle for $250 from Roadbikeoutlet.com. I've seen some comments about the nano here but none about the Gazelle.

Does anyone have any experience with the Gazelle, or Nano that they would like to share?

Robert