Re: tip for buying a cheap new bike
Look around outside in the fenced lawn and garden section. Almost all big WalMArts place the display bikes that are too rusty to use anymore here. If you find a manager, you can often get these bikes for a fraction of retail. I bought five Murray mountain bikes for $35 bucks each this way. $127 new. All that was wrong was surface rust on all the chrome.
If more is better, then too much is just enough.
If you can't afford it, build it yourself.