I've always thought that going a step or two up in component quality + saving a couple of pounds would be worth more to me than a full suspension frame. Rear suspension isn't really needed for the majority of riders. Anytime I'm going over anything that's too rough, I'm usually standing anyway.
Don't underestimate the difference even a bike that's two pounds lighter will make. Unless you are doing mostly downhill biking of course, then weight doesn't matter much.
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