I have both types (actually my son has the wireless unit).
I've already stated my preference for wired, but I'll restate the answer in terms of the original post:

"I do not need a top of the line widgit just a decent basic model."

Both types have the same functions.
Both types work well and are very reliable.
Wireless costs a little more initially and has two batteries to replace instead of one.
Wired has a wire. Installed correctly, the wire stays out of the way and looks good (to some, not to others).
Installed incorrectly, the wire can get into the spokes, pinched by the headset, pulled tight when the fork turns or look sloppy.
In very rare cases, there can be problems getting an uninterrupted line of signal from the wireless sending unit to the receiver.

To me, wireless fixes a nonexistent problem and costs more for the trouble. As a decent basic model, wired functions equally to the wireless. For others, the aesthetics of not having a wire is worth the extra cost.