Timex Global Trainer Speed and Distance - $70 - your mileage may vary (rebate).

The Timex Global Trainer Speed and Distance watch has been as low at $169.94 on amazon.com.  In addition there is $50 instant savings (the $50 is taken off once you 'proceed to checkout').  This brings the price to $119.94 with free shipping (free super saving shipping).  I am a deal finder so a quick rebate search brought up $50 from authorized timex dealers.  I am not sure if amazon is authorized (but I beat they are).  The rebate link is here - http://www.timex.com/info/Global_20Trainer_20Rebate .  Your mileage may vary on the rebate but I am willing to give it a try.

In depth review - http://www.dcrainmaker.com/2010/08/timex-ironman-gps-global-trainer-in.html .

No heart rate stap

With heart rate strap