It kind of depends how many bells and whistles you want, but Cateye is ubiquitous, simple, cheap and reasonably reliable. Wireless is nice for reducing the clutter at the front of the bike...
That you can embed in to blogs. I'm looking at also getting the Edge 500 which is smaller.
One other computer that I am very impressed with and have been using for training is the iBike. www.ibikesport.com as it will also give you power wattage outputs and the likes. Basic wireless model is 200 USD but as all the base units are identical you can get software upgrades and features to allow you other functions.
Shimano makes a pretty interesting computer - the Cyclink - it's only 10,000 and has cadence, hrm, distance, etc. Plus web /pc output. It is all in Japanese - so a bit clumsy for non-Japanese readers. http://www.cb-asahi.co.jp/image/shimano/2009/cyclink.html
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