I thought about doing the babe thing, but after hearing of others frustrations in my searches I decided not to go with it. Also, it is kind of ugly.
I got my wheel for cheaper than a Babe. I just kept an eye on ebay and estate sales, and ended up finding something on eBay. There were 2 wheel at an estate sale this past weekend, and they were both under 150.00. Also, if you go with a Kiwi or the cheapest Louet, you'll only be putting out a bit more, and it will look great in your living room.
BUT, if you do get the babe and decide to get something else at a later time, you can unload it on ebay for just a little under the price you paid for it. I was suprised that they were going for about 20 or 30 under the price for a brand new one.