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Anyway, I've kind of got my eye on the Grado SR60 phones at the
moment,
as their reviews are all good, and they are just under my maximum
budget.

I've got the RS-1's, and borrowed the SR-60's.

Make sure you get the "ring donut" ear pads, as they're alot more
comftable
& cooler than the flat foam earpads. One thing I don't like about the
Grado's (both bottom & top of the range) is that they don't have ANY
cable
strain relief at all. The cable goes into the unit, directly soldered
onto
the back of the driver. If you yank the cable it'll knacker the phones.

I knew about the foam thing, although I thought that'd changed some
while ago. I'll keep an eye out for that though.

Didn't know about the cable though, nobody has mentioned that at all.
Perhaps a reason to look at Sennheiser with their removeable cable.

Personally I found the SR-60's a bit boomy, the RS-1's are alot better
in
this regard, although still not perfect(on some material it's boomy,
compared to myriad of other good audio systems & speakers) could be the
headphone amp though.

Maybe, most of the reviews found the SR60's' if anything, a little light
on the bass.

Personally I think the Grados **** on the Sennheisers. They aren't perfect
but, to my ears, are streets ahead of others that I have heard £100.

I've had a pair of SR125s for 6 years, have wrapped the cable round the
headband, packed them in bags, used them on personal stereos and hifis,
whilst lying down, walking - you get the idea. The solder connection hasn't
failed yet. I also know of many others with Grado 'phones who haven't
experienced problems of this nature, either.

You don't mention what amplifier you are using - do you have a dedicated
headphone amp or are you using the headphone output of an existing amp -
which one? The SR60s can sound rather bright out of the box - they do need
"burning in". Any good hifi shop that sells these will permit a dem and, if
they are happy to demo them anyway, why not ask them to plug them in and
leave them playing the day before you audition them, if they are fresh from
the factory.