Advice on el-cheapo bike.

I know very little about bikes, though I'm learning fast, but I do have a lot of experience of mechanical stuff and I recently bought one of these Eurotreks, at this stage I've over 500Km done on it and I've had no problems with it.

The components are from the budget end of the range and the frame is probably old technology and heavier than you'd get higher up the ranges but the build quality seems to be fine, there's a years warranty with the bike and Eurocycles are a reputable company who will stand over what they sell, it's hard to expect much more for the price.

The Raleighs are probably slightly newer tech but the suggestion was made to me that both brands are built in the same factory, don't know if that's true.