Found some seatpost info that has piqued the interest of the cheap and frugal team. It appears that Pricepoint.com has a seat post from Sette that shouild fit nicely with my requirements. It's cheap and it seems that it will work. And I can get it for less then $100 CDN and that is important as money is a bit tight right now.
So now just need to raise the capital to take care of this.
Was thinking today while perusing Chapters and the cycling books how over complicated things have become. So much energy is wasted on HRMs and such when most people either can't afford them or want them. The emphasis is less on just trying things out and more on following some set formula. Seems a little boring.