Depends on your definition of cheap, I had a friend tell me yesterday that Shimano WH-6700 where too cheap, and they are £250/pr!!!
Most people's definition of cheap would be something like Shimano RS10s at ~£90/pair.
I had a pair of the predecessors to them, the R500s, they were brill, and a world away from the Vuelta wheels that came with that bike (A Claud Butler Roubaix).
If those are a bit steep for you, have a poke around at Bankrupt Bike Parts' eBay shop, you might find a half decent pair there for not a lot of money. This will take to straight to wheels: http://stores.ebay.co.uk/bankrupt-bike- ... 34.c0.m322
One thing you did fail to mention is Shimano or Campag? Another is 5/6/7/8/9/10 speed?
2009 Ridley Triton-T, full Ultegra
2011 On-One In-bred 29er Monster Cross
POS fixie, based on a Unknown steel frame.