panniers are outrageously priced! Micatech, Jesse's, H&B - they're all crazy! I'm half tempted to run down to the military surplus store and pickup some ammo boxes and get to bending some roundbar.
Alot of guys are using the following:
Personally, I just ordered the Givi V46 top box, and I am entertaining alternatives for the side cases. I saw a kick-ass tool compartment. PM me if you want the specs. I'll just say the Lowe's has the components for about $20
right, adequate is a good word to describe them. They integrate on the subframe less intrusively than any others. The upside of some of the other options (very expensive options) is they practically become a structural part of the bike, even providing crash/tipover protection. These will get the job done for me but I wouldn't take them offroad unless very gently.