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heads up on a great deal
For those of you in the US - I don't know if these sites are reasonable to use from elsewhere - walmart.com is selling the Garmin Forerunner 305 for $99 with free shipping; amazon.com has matched it, which site has the advantage that tax won't be charged in most states. The 305 is an older but still excellent model runner's GPS with heart-rate monitor. I have an older model, the 301, and jumped on this to upgrade as it's got a much better GPS chip.
Unfortunately, it's a ridiculously huge thing that only vaguely resembles a watch. But it's amazingly useful for giving you instant feedback on pace, for alerting you to intervals (you can set it to track run/walk intervals, or speed intervals), and for calculating exactly how far your run was. Then you can upload the data from it to your computer (I use SportTracks, but there are lots of other programs and websites) and track your improvement.
Unfortunately, it's a ridiculously huge thing that only vaguely resembles a watch. But it's amazingly useful for giving you instant feedback on pace, for alerting you to intervals (you can set it to track run/walk intervals, or speed intervals), and for calculating exactly how far your run was. Then you can upload the data from it to your computer (I use SportTracks, but there are lots of other programs and websites) and track your improvement.

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