Ok, so I just got my Kilo WT and it's a great bike...except for the wheels. They are quite obviously the weak point in the setup, the frame is nice (very nice, nicer than I expected), the crankset is fine (Sugino...not fancy, but fine), the stem/seatpost/handlebars are all generic, nothing fancy, but perfectly serviceable. The only real weak point is the wheelset. They are heavy, the hubs suck, etc...just not too good on the whole.

So, I took it off, slapped it onto an old frame I had laying around and sold the bike (complete with other spare parts) for $250.

I'm looking to get a new wheelset, something strong, fairly light for the bike. This is my "around the city/everything bike" now so I need the wheels to be reasonably strong but I also want something a bit lighter than what came. So...

I'm going to build myself up a wheelset and I need your all's suggestions on what to get.

Sealed? Loose-bearing? I'm completely comfortable with hub-upkeep, so I don't really mind either way.

I was thinking something along the lines of a 28h front road hub (ultegra or 105) laced to an Open Pro for the front using DT swiss butted spokes.

A 32h rear Formula laced to open pro, DT swiss butted spokes.

Other than that, I'm kind of at a loss. What other rims are strong/light? What kind of hubs should I get?

I'm trying to keep everything at roughly $300 bucks.

Thanks!