I have a Meopta 5a with colour head, although I had a few teething problems it's now working beautifully and I love using it.

http://www.apug.org/forums/forum43/8213-meopta-opemus-5a-enlarger.html

"Bargain of the Century?" - sure looks like it with darkroom equipment these days. I don't think your going to need look for something else.

Good luck and don't forget to post those results