I recently bought the Peg P3 to use at WDW....we just got back and I can say it worked great! I used Albeebaby and paid $199. for last year's model, the only difference is color choice BTW.
Our main reason for getting it was needing a stroller that folded fairly compactly in the car, needing full recline for a baby, and wanting a large sunshade for that hot Florida sun. This stroller fit the bill in all areas and as the week went on, I loved it more and more. I'm short and didn't need to raise the handles, but they do raise if you need them to. I also liked that I could hang a heavy diaper bag and other things from the handles and not worry about the stroller tipping over. The snack/cup tray in front was also a biggie on my list; I know it will come in handy in future years. The adult cup holder in the back seemed to get in the way more than help (plus, it's small) so I took it off. I may get one of those Mac mesh bags for future trips since it does have dual cup holders, this was my only complaint about the stroller. We didn't pay extra for the rain shield but did use a $20. one purchased at BRU by Graco...it fit great and covered everything, including the diaper bag as it hung from the handles (and let me tell you, there was one heck of a rain storm the other night as we were leaving AK, but baby stayed dry).
Overall, you can't beat the price and all that you get for the money on this stroller. Check it out at BRU (where it retails for $345.) then order from Allbeebaby.