slackerinabox
Lifer
I had the SR-60s. I don't see how so many people can like them. They have a huge mid-range bump, lack bass, and are just fatiguing/harsh to listen to. They're also not very comfortable. Just not very well-rounded headphones, I think.
When I get headphones, I'm shooting for something that is as close as possible to the sound my bookshelf speakers + sub put out. They're not perfect, but I think they sound great...nice and balanced. I found the JVC HA-RX700s to come closer to them than the SR-60s, especially after mods. They have their downsides, but for $35, I thought they sounded much better than the SR-60s.
My Audio Technica ATH-M50s sounded even better. Very balanced sound overall, though they have a slight dip in the midrange (not as big as the SR60's bump in the same area, though).
Considering the SR-60s cost $80, I'd say the HA-RX700s at $35 and the ATH-M50s at $95ish are both a much better deal than the Grados.
You'd be wrong. I love my HA-RX700s, they're great cans for the money. But the Grado sr60s are in a different class. The sound stage in particular made me cry the first time I heard them.