Ive got a Janome 300E and I think you can pick them up on ebay for US$600. ITs an embroidery only machine.
I was told about the only difference between a 350E and a 300E was the usb port (and the price) That was why I got the 300E.
But then you have to get the card, and card adaptor for it, and I also had to get a reader/writer converter for my laptop as my laptop doesnt take Flash cards. All up, for the cards and adaptors also off ebay came to about $22.
You get 2 size hoops with this machine, and oyu cna purchase bigger or smaller ones seperately.