I got and have been using a Shimano MT038 since Christmas. I've gotten some miles on them now and some walking and they are great. My wife liked them so much she got some too. It looks like they are replaced by the MT40 on Shimano's website. We got ours at REI and they were on clearance when we got my wifes. You might be able to find some.

I haven't had any hotspots yet and they are comfortable enough for me to walk around campus when I ride to school. They seem to be a great shoe for commuting and running errands. They even do well on my 18 mile trip to work.

Here's a picture of the MT40 I found on Shimano's website.