Mine is a $99 special from K-Mart.
It's not bad for a starter, however it really is cheap and nasty. I've seen some pretty cool things on it -especially initially- however it's very limited in what you can see with it.
I've seen some of Jupiter's moons, the rings of Saturn, and of course Mars, Venus, the moon, and some comet about 7 or 8 years ago.
My biggest disappointment is that, really, that's all that I can see other than stars, which still look like flickering pin points in the black sky (I knew this before I even attempted though!). Venus, Mars, and Jupiter all appear as a perfectly round white circle (well, reddish for Mars of course), while Saturn is the same but with a distinct ring around it. There's no details to be seen. No polar caps on Mars, no cloud patterns on Jupiter/Saturn, ect. I'd love to be able to see another galaxy too, but I'm not really expecting to with a home-telescope.
One day, years from now, I hope to get a computerised, bigger, better telescope. The computerised aspect is mainly to keep track of objects in the sky. The pricetag of a few thousand dollars is what's stopping me!