I second the vote for the Compadre. In my own slightly-less-than-humble opinion, the Compadre is the cheapest thing that can be called a "real metal detector." It will give you better depth, better discrimination, and noticeably superior build quality. It's just a solid, little machine. It also has a reputation for being fond of small, gold chains that more expensive detectors can miss (assuming stock 5.75" coil)! If you want to think of the detector as an investment, then the Compadre has the lifetime warranty and holds its value quite well. You can buy it new with warranty for $160 and sell it used without warranty for $100 easily. Tesoro is known for quality equipment and they back it up with lifetime service. Because of this, there are plenty of cost-cutters waiting for a slightly cheaper Compadre. What the cheaper Bounty Hunters do well, the Compadre does better. Plus it only has one knob: Off - All Metal - Conductivity Spectrum (Discrimination). If they tried to make it any simpler, it would only have an On switch.