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@!Nhattattack!
I'm happy to think of the uni-pac as a gateway drug to a better bike, but on the other hand, you can get a bike that will last longer that's second hand for just as cheap, then when you ready to spend more money you'll know more about what you like/don't like about your current ride.
Don't just enter into mindless consumerism, spend some time thinking about what you really need from a bike, then find a bike that suits you.