If you want to stretch your budget a teensy bit.... then this is a good bike - the same frame as mine, but slightly less expensive (not cheaper ) components
http://www.marin.co.uk/2009/bikedeta...?ModNo=3946-1F
Or this one is right on budget, but it's brown, and again has a lower component spec.
http://www.marin.co.uk/2009/bikedeta...?ModNo=3945-1F
Both of those will have lovely build quality, depsite the price, and they ride su-bloody-perbly - I don't miss the suspension on the back they're that good