Total rookie myself, want to get better at soldering, so I just ordered one of these for my introductory projects:
http://www.mpja.com/productsdirect....&item2=15845+TL&item3=15140+TL&item4=15141+TL
Have to report back in a few weeks and give you my unexperienced opinion. My theory is I'm just entering the hobby and learning to solder. So, I'm buying the cheapest iron with the best features. I need something easy to learn with more than I need a robust iron. I only get around to soldering things at most once every few weeks at most. I'm still just learning, so I won't be soldering hundreds of components an hour so I'm not super concerned with having lots of wattage, superior heavy duty iron for soldering 100's of resistors an hour, all day every day. I'll be slowly picking through each solder to try and make sure it's right. If I get 6 months or a year use out of this I'll be happy. I can buy a nicer iron when/if I get into it more.
Anyhow, those with more experience can feel free to chime in whether this iron will be worth the 50 bucks or not for light use?