For that kind of money you can get one of these:http://www.wahoofitness.com/KICKRPowerTrainer
And still come out a couple hundred ahead. I actually took a look at that trainer as I searched for something to replace my crappy Tacx Bushido (bugs from hell), and couldn't even get basic info such as "how do I download my ride data"? I'm still not sure you can even do that, because their website is so sparse. (And btw, I consider sparse websites suspicious.)
After a ton of research (including a stellar review from DC Rainmaker), I decided on the Kickr. They've just started shipping so I'm hoping to get mine next week.
If anyone wants a cheap Bushido, let me know. But be forewarned, the software is crap.