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I just got a Ricoh GR1 with 6 months warranty for £200 - the deals are there if you wait for them. I have seen a 35TI sell for just over £200 in the past month (probably wont see that again) and a couple of TVSii for £250ish.
Another option could be buying a Contax G1 body and holding out for a decent deal on a 28mm or 45mm to use on it.
wintyDono
indeed, and for image quality/ease of use, still worth every penny...
I was at an auction the other day and a leica iif with elmar 50mm went for £90....
I know I sound like an old git*, but when the price of plastic compacts starts to overtake barnack classics, something's going wrong...
(* I literally am - 40 this weekend)