Price Paid:
$20.00
at eBay secondhand Favorite Ride: K2 race around Coromandel in New Zealand Bike Setup: Cotic RoadRat, currently single speed, but going to Ultegra 9sp/10sp and DA 8sp/9sp mix this weekend for the summer. Summary: I bought the ultegra version a few years ago, and recently purchased 3 well used (clained 1500 miles, but they're in terrible cosmetic condition for 1500miles, so I think at least 5000 going by what my ultegras look like) pairs on eBay cheap. I'm riding one set now, another sold to a friend and one waiting for a new bike.
I find the shimano system easy to clip into. Inspires confidence etc. I'm basically very happy.
I read recently about the replaceable plastic top cap, and have bought some spares for when mine need replaceing. The new 7810 has metal, and wont need new caps, which sounds much better.
Strengths: Great clip in and out.
Easy to walk in the cleats.
Standard cleat, so very easy to buy when traveling or whatever.
Matches my other shimano parts.
Two cleat options for different float levels. Weaknesses: They arent the lightest, although for the money I paid, there's no way I could have gone lighter. I don't believe theyve got Ti axels, it'd be nice if the DA had Ti to save some weight.
They arent that cheap new ... I could only afford them thanks to eBay. Similar Products Used: Ultegra pedals, same generation as my 7800's, so virtually the same pedal anyway. 
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