wallijohn,
In terms of a bike that is going to be enjoyable to ride, $100 is not going to get you very far! Sure, you can buy a bike from Target or KMart for $100, but it is going to be heavy (not fun to ride), be spec'd with cheap and unreliable components (not fun to ride) and will have a good chance of falling apart (impossible to ride!).
As was suggested above, try and find a good local bike shop, where you can test ride a few different brands and frame sizes. There are a couple of old threads discussing bicycles, in particular mountain bikes. A lot of people chimed in and offered some great advice. The bottom line is - decide how often and where you plan to ride - that way you can make a choice b/w a road, mountain or hybrid bike (hi MacDEF!!
).
Focus on spending your money on a quality frame and components. Rear suspension will probably be out of your price range (at least, rear suspension that works and doesn't weigh the bike down and make pedalling HARDER rather than easier). If you are keen on getting a plush ride, a suspension seatpost is probably a better way to go.
disturbed,
the problem with hydraulics and hot weather is that the heat (not only ambient temerature, but also the frictional heat from applying the brakes) will cause the hydraulic fluid to expand. This can result in the brakes dragging, or worse still, actually locking on when you don't want them to be on. This happened to my friend quite frequently - he was using an early set of Coda (Cannondale) hydraulics. They spoiled many a good ride - he now runs LX V-brakes!!!
At least with mecahnical brakes, you can adjust the cable length etc with nothing more than an allen key. That way, if you do run into problems on the trail, you can usually attempt a fix to get you out of trouble.