As far as I know, Hugi is just an old name that DT Swiss no longer uses. The 240s, 340s, and 440s (getting more heavy duty as the model number goes up) are great but there's mixed reviews on the Onyx series (their budget hubs). Most people say they work pretty good for the price as long as they don't break, which tends to happen a little more often than it should. If you find a great deal on some, they're more worth gambling on than the Real hubs because DT is still in business .

I've also heard good things about White Industries' hubs, but they're not much cheaper than DT Swiss.

They're not all that common, and I don't yet have any personal experience to share with them yet, but you might want to look at the Hope XC hubs that I bought. Jenson's price isn't bad. To paraphrase a general comparison that I read in a review somewhere they're "a lot better than XT hubs for not much more money" (and they're made in the UK, which mentally puts them above the "cheap stuff" ). Their Bulb hubs are the heavy duty version, if that's what you need. The Hope XCs are the "compromising product" I went with until I can somehow find some free King hubs because I'll never be able to afford them .