I have a cheapy that I picked up at Walmart as well. Its not the bottom of the line, but a mid-range. I think it cost about $30. It has an autoshut off timer, 4 steam settings (no steam to lots of steam) and an "This Iron is Hot" indicator. I wouldn't go with the cheapest (had one of those, it leaked water everywhere) but there is no reason to spend a hundred dollars.