Originally Posted by bernmart

The Shimano RT-50 is, SFAIK, the only SPD bike shoe that is specifically designed for the road, has no MTB shoe lugs, yet still has the cleat recessed for easy walking. Lighter and better-looking than the Specialized Tahoes I'd been using.

I've never seen them advertised, though, and my LBS had to order them for me. I first read of them in a recommendation by Jobst Brandt.