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@NKTShane
As far as having an affordable decent bike 700c is definitely the way to go. My whole bike owes me less than £300 and I'm not changing it anytime soon.
I recently built a 26er because I was tempted by the dark side and was offered a cheap travel Marino. I've tried my hardest but I hate the thing, and the build weren't cheap, probably selling it some time soon.