Ah Zak, I got a cheap telescope about £75 about a year ago, can only see the moon with it but boy does it mess with your mind then.
You can see loads of details and you suddenly realise how big it really is and how fast it all moves, you aim the telescope at the moon for gods sake and with in 20sec it's gone, really worth doing though.
Deffinatly want to get a bigger one a little later on to look at Mars Moons and more stuff, of course the dream is to get one that can look at nebula's and that tracks the movement by using you PC!