I know that I shouldn't be surprised that this technology has become less expensive and better over the past few years but it always amazes me. My first handheld GPS (which I still have) is a DeLorme PN-60 and I think that I had to pay about $500 for that thing plus the bike mount kit was gargantuan. Depending on what the OP actually wants, this seems like a very viable option and at a price that is competitive with some of the regular cyclometers. My one concern is that with these type of devices I've never really experienced the maximum battery life that is claimed by the manufacturer. However, that again is something that tends to get better and better over time. I might get one of these for my wife for Mother's Day.