I paid around £80 for this iron in November 07.
The iron is excellent, plenty of steam and makes light work of cotton and linen etc. Vertical steaming is easy and effective as well, particularly useful for polyester fabrics. Ideal for my regular ironing jobs.
Downside: There is no control over the steam, it is either on or off.
The volume of steam is such that I have had to purchase a regular iron for my dressmaking hobby as it would not be possible to make small creases using steam without burning my fingers.
Occasionally when the iron is first turned on some brown scale stains appear and I have learned to iron the darker things first and save the whites until the iron has been running for 10 mins.
Also, the iron is noisy when the pump comes on and off as I guess all of these types of iron are and so it would not be suitable to use in the livingroom whilst people are watching TV. It can make a damp patch on the floor beneath the ironing board as there is such a volume of steam and I do think you would need a mesh type ironing board.
At the price I paid I am very happy with the iron but if I were to buy another I would be looking for steam control and would probably have to pay a lot more.
Hope this helps you choose.