First, there is no such item as a lousy performing inexpensive new transceiver. Many new transceivers fall in the $900 to $1300 price range. The new transceivers outperform older lower cost transceivers, have better receivers, more features and most older transceivers do not have DNR. The market now for new transceivers has never been better. The new Alinco DXSR-9T that is more expensive at $699 and Icom IC-718 at $599 do not have a built-in antenna tuner and the receivers in both radios is not as good as the FT-450D. For $670 the FT-450D is a great performer that includes two CW filters, high stability TXCO, DNR and a built-in antenna tuner plus has a new warranty. Frankly, you cannot go wrong with the new FT-450D. You can save enough money from more expensive new transceivers at $1K+ to include a used Ameritron AL-811 HF amplifier for as low as $400. Add three 572B tubes later and this amp will go from 500 to 800 watts PEP output. (Note- with the small plate 811A tubes, 500 watts PEP out is about as much as one can safely produce with three 811A tubes). So, with a budget of under $1100, you will have a serious HF station that produces 500 watts PEP out. That is enough power to ensure plenty of contacts. 100 watts can limit you to much less contacts with present band conditions and it is not getting better for at least 2 years. The AL-811 amplifier will easily tune a 2 to 1 SWR antenna- no external tuner required. The My Antennas EWHF8010 will tune all bands 75 thru 10 meters with less than a 2 to 1 SWR.