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@lae
^ yeap. When I worked at Bikehut (and I make no apologies about this) people would wander over with £300 in their pocket and I'd point them towards a Trek 4500 or something, they'd inevitably say 'but you can get full suspension for £250 down the road'. Yeah you can, but that's not a good thing, who's it made by, 'Barracuda'? It was hard trying to persuade people otherwise, but I suppose they're not cyclists.
I do wonder how they manage to get them so cheap. I saw a full suspension bike on amazon or something for £79. I imagine sweatshop labour could have something to do with it.
On a slightly related note, I got bikesnobbed by someone on a Barracuda MTB today. Someone was locking it with a Fah and I said 'hey snap, we've got the same lock'. He was like 'yeah but my bike needs it'. Then I was like 'my wheels cost more than your bike' and felt like a real man for the rest of the day.