Another vote here for the Peg Perego Pliko P3. I just bought last year's model online for $175 shipped (e-bay). I used mine with a graco snugride carseat and it worked like a dream! So, you still have the "travel system" convenience but you have a GREAT stroller for when baby outgrows the travel system. Things I like about the P3....super comfortable seat with full recline and adjustable legrest, nice big canopy that unzips to move for sun protection when seat is reclined and when seat is upright, closes all the way down for rain/wind/sun/etc, removable child tray, parent cup holder, decent basket, adjustable handles, folds like an umbrella stroller so compact for travel, storage, trunk, etc, fairly lightweight, sturdy stroller, and it has back footpegs for an older child to ride on (my 4 year old loves this)! Several of my friends have purchased this stroller and all love it! It really grows with your child and has all the features of a larger stroller but folds compactly. Also, it's a high quality stroller that doesn't end up with squeaking wheels.
Alison