Here's the result of my quest to build a somewhat light hardtail with decent components on a poorboy's budget. I went with a Sette Reken frame, since the penny pincher in me couldn't pass up a $69 deal from Pricepoint:
Frame: Sette Reken- $69
Wheels: WTB Speedisc- $59
Fork: Manitou Splice Super- $49
Brakes: Hayes Sole hydraulic- $25 used
Headset: FSA Orbit XLII- $49
Stem: Race Face Deus- $30 used
Bar: Specialized S-Works carbon fiber- $35 used
Seatpost: Guizzo carbon fiber- $49
Saddle: Sette race titanium: $25
Seatpost clamp: KCNC- $14
Shifter: XT- $49
Rear derailleur: XTR- $35 used
Cassette: XTR- free from a friend
Cranks: Redline single speed- $30 used (being replaced with Truvativ Stylo)
Bottom bracket: Race Face SRX- $25
Pedals: Time ATAC- $20, used (not shown in photo)
Grips: Sette- $4
Tires: Bontrager front, WTB Weirwolf rear- $5 used
Chain: Shimano- $18
Chain guide: Jumpstop- $10
So I have about $600 into it so far. Overall, I'm pretty pleased with the results. I'll be keeping my eyes peeled for a better fork, but I'm pretty satisfied with the rest of the bike. The frame was the biggest suprise of all, turned out to be quite the bargain. Very good quaility, a great XC frame for singletrack and technical trails.

Frame: Sette Reken- $69
Wheels: WTB Speedisc- $59
Fork: Manitou Splice Super- $49
Brakes: Hayes Sole hydraulic- $25 used
Headset: FSA Orbit XLII- $49
Stem: Race Face Deus- $30 used
Bar: Specialized S-Works carbon fiber- $35 used
Seatpost: Guizzo carbon fiber- $49
Saddle: Sette race titanium: $25
Seatpost clamp: KCNC- $14
Shifter: XT- $49
Rear derailleur: XTR- $35 used
Cassette: XTR- free from a friend
Cranks: Redline single speed- $30 used (being replaced with Truvativ Stylo)
Bottom bracket: Race Face SRX- $25
Pedals: Time ATAC- $20, used (not shown in photo)
Grips: Sette- $4
Tires: Bontrager front, WTB Weirwolf rear- $5 used
Chain: Shimano- $18
Chain guide: Jumpstop- $10
So I have about $600 into it so far. Overall, I'm pretty pleased with the results. I'll be keeping my eyes peeled for a better fork, but I'm pretty satisfied with the rest of the bike. The frame was the biggest suprise of all, turned out to be quite the bargain. Very good quaility, a great XC frame for singletrack and technical trails.
