After I had two really expensive irons die rather quickly, I decided that cheap would do just as well.
I was right.
I bought a little Rival iron at WalMart, for $12. Used it daily for several years. When it finally died, I went back to WalMart and got another one just like it...for $6!!!!!!!!!!
Does it get hot enough? Well, considering that in a moment of distraction, I managed to scorch some fabric, I would say "YES!!"
I NEVER use any water in it... if I need moisture to release some really stubborn wrinkles, I have a spray bottle of water, set on fine mist (got the bottle in the WalMart Garden center).
Just my 2 cents worth.