Got this in 2008 - a Giant FCR3 for $499.00 It's been a great bike for me as I dabble in commuting to work. 20km one way is no problem for this bike comfort wise.
It came with 700x32C on it but I've had 23c on them for the last two summers - no problems at all. Someone jacked my seat while i was picking up my son from pre-school on Wednesday.