I too have been mucking about with cheap easels but finally decided to get a Kaiser 4 bladed 30x40 cms. However prices are forbidding so I had a look at an auction site here in Holland and got one for 125.- (new price 425.-)

The good thing about a four bladed easel is that you can make any borderwidth you like.

Beard and Dunco (waiting list of some months I have heard) are very well made, too.

All the best