I just bought mine about 3 months ago and I am happy with it. I wouldn't say it was cheap, but maybe compared to another brand with similar components it was cheaper. For the price range I am happy with it. I ride it as hard as I can and so far no complaints except for the tires. I wasn't too crazy about the riding position until I replaced the stem. Now it fits much better. I would say 07 was a great model year, 08 looks just as good.