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Yep, c.£300, and it's a little bit lighter (claimed) as well, and comes in a wider range of sizes.
Wonder if the cost difference is Mason made in Italy vs Fairlight made in (an unspecified part of, so presumably Eastern) Europe?
I suspect the review @ElGonzo quotes is right, in that I doubt you'd be disappointed with either. The old 'ride both then pick which one you like the colour of more' springs to mind :-)
Sounds like some people have some nice bikes coming!
Its not a tough call at all
The strael is cheaper, and undoubtedly the better bike*.
*unsubstantiated hearsay.