After searching a while for a nice affordable bike, I finally found what I was looking for. 6KU Bikes offers inexpensive bikes without cheaping out on parts. This model (the Nebula) was only $200, and only minimal assembly was required. I ordered from Citygrounds.com, they offer many models of bike at really good prices. I decided to opt out for the drop bars, and am slowly getting used to them. Overall, I am really happy with my purchase, I think some new wheels are in store for the future.
Check out 6KU at Citygrounds – http://www.citygrounds.com/