LOL - I actually have two. The one I keep downstairs is a basic 'no big deal' kind of iron, I recall (twas years ago when I purchased it) it was minimally priced, but still does a good job (black and decker model) The iron upstairs is a Panasonic, at the time I bought it, it was a 'good' one, not super expensive, but not low end.
I believe the best way to determine the appropriate iron for you is to hold it in your hand (I do this with hairdryers too

) see that the weight and size suits you, then look for the 'stay clean' feature - with my older iron I have to periodically de-lime it with white vinegar/water ... a process I am thankful I don't have to do with both!! lastly, get an ironing cloth.... a lot of damage can be done to your clothes and the iron if you should catch one of those applicate's on t'shirts etc.... plus with an ironing cloth you can iron over slacks without leaving the shiny lines
There are new irons out that have a built in steamer - these babies are hundreds of dollars but apparently they are INCREDIBLE ..... I can't see myself purchasing one, but.... I'll never say never
