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Can you find your dictionary and read the descripton for "cheap" is?
You wanna start training, get a cheap bike and trash it while waiting for your not so cheap bike, it might be months as the 2015 stocks is going down and 2016 is hardly here yet.
edscoble-
From my experience cheap is cheap for a reason, I do like the idea of getting a bike and just riding it, but from years of experience I usually have to replace it and eventually upgrade the components (for examples, wheels, crankset, chain and bar)
I rather get a decent bike that I know that will last longer than bike that will probably end up costing me buck and trouble. (And this is a personal thing, even though we say we love to get a cheap bike to ride, if it doesn't make you feel special when riding it then what's the point of getting one in the first place)
HoKe
The only thing that is decent on that bike for value for money is the crackset, the rest is very debatable.