I bought an Ashford Kiwi II from the Woolery (http://www.woolery.com/Store/pc/Ashford-Kiwi-c104.htm) about a month ago. And I love it. It definitely isn't the most expensive wheel out there, but at close to $400, I wouldn't call it cheap, either! However, by delaying my purchase a couple months (to save more $$ each month) and asking for "donations for a spinning wheel" instead of presents for Christmas, it was within my reach.
It is a fantastic wheel. It's smaller and lighter than I thought it would be (which is a good thing!). It came un-assembled, and the hardest part was waiting for the antique oil I finished the wood with to dry. I found the assembly instructions very easy to follow, and it came with a "Learn to Spin on an Ashford Wheel" booklet (very nice-- full color, glossy photographs!), and a copy of "the Wheel: Ashford's Fibrecraft Magazine." It also comes with a threading hook, a built-in Lazy Kate, and THREE bobbins. I opted for the Free Mini Beginner's Spinning Kit (see the link above), which included 1/2 lb (I think, I didn't weigh it...) of really soft wool roving and a Kromsky niddy noddy.
I'm no expert, but I also liked that, for the price, I got a double treadle and a sliding hook flyer.
I really feel like I got my money's worth. And I was spinning within five minutes of putting it together. My boyfriend took pictures of this, but you won't get to see them, since my mouth is open in absolute awe and joy in all of the. lol.
You can see pictures of it spread out on the floor in pieces, and of the third skein I spun on it!