Nothing wrong with modern Mont Blancs, but I've never been satisified with one bought at full retail. I had, at various points, a new 146, 149 and Boeheme, and I was left with a serious bad taste in my mouth after getting them home and using them. Fine pens, no doubt, but personally, I couldn't rationalize $500 for a new 149 when I could get one in NM condition for half of that, if not less. Plus, NONE of the 3 pens wrote perfectly out of the box. I do love some of the metal bodied variants, but they are tres expensive. I'm also particularly fond of many of the author series pens, especially at the eBay prices. My favorites are the less popular editions & understated editions, such as Voltaire and Dostoevesky. Now that I think of it though, I don't even know which ones have come out in the last few years, since Kafka (love that ****roach nib!). I do have a new 146 that writes very well after being tweaked by Richard Binder, but I got that substantially cheaper than MSRP on eBay.
Consider also that for less than most new MBs will cost, you can have Nakaya in Japan make you a custom fountain pen, laquered and made for your hand.
As far as vintage MBs go, they are, as stated before, a totally different animal. Think a vintage Rolex Explorer vs a blinged-out Yachtmaster. It feels more like a quality crafted tool vs the luxury-brand-icon'ness of the new ones. The good examples are in a different league than the new pens, but many of those are either very expensive, very hard to find, or both. If you read a bit and get an idea what you are looking for, and then spend some time hunting on eBay and the boards, you can find some very nice writing & looking examples for under $300 though.
Vintage MBs are a different animal, and I'd say that the good examples are better
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Originally Posted by wanderman 
does anyone know where I can find a pen that has a line thickness close to that of a .5mm pencil despite the ink bleed?
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A vintage Esterbrook with a firm extra fine should be pretty damn close. Nibs like that were made for accounting & bookkeeping and were surprisingly fine. Paper will have a hand in ink bleed too, though. Esties are pretty cheap, shouldn't cost you more that $30-35 and definitely under $50. Or you can try an extra fine japanese pen, as japanese nibs are generally 1 size finer than US/Euro nibs.
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Originally Posted by jjhatfield 
I'm not sure if you know Rick "The Penguin" Propas, but you might could shoot him an email. Pelikans of all models are his specialty: http://www.angelfire.com/mac/penguin0/ And a warning before anyone goes to that webpage: LOTS of really, really kick ass Pelikans, vintage and modern. Sorry about your wallet.
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I'll have to check him out, thanks for the tip. That Pelikan (and a couple of the MBs) are due for the chopping block soon, but I need to get it fixed first.
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Originally Posted by milkpowder 
I hope to be able to acquire another P51 within the next day - Vacumatic with a 16k GF cap in Cordovan Brown, F nib.
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Cordovan Brown is a great color!