Wow the hostility!
First I must say that I agree with Havoc with regards to the whole "value" issue. 003... you sound like you MIGHT know more than the average person about headphones, but you are really presenting your knowledge in an arrogant way. When discussing audio with others, the thing to remember above all else is that it is all SUBJECTIVE. If people are 100% happy with a $20 pair of headphones from K-Mart, then they are lucky bastards.
Unfortunately, I can honestly say that I have owned a pair of Medusa 5.1 headphones. The company must have paid off all of those reviewers... Those things blew in just about every way possible. In this case, I do not even feel that they had ANY "value," no matter what the price. In most cases, I would have rather used a 5 dollar pair of ear buds. I tried to pretend that they were decent, since I just dropped $125 on em, but, they werent. The only entertaining qualities were an ENORMOUS sound stage and decent sound quality.
I was lucky enough to sell them to someone who hopefully has different tastes than me. I put that money towards a $200 pair of Beyerdynamic DT-770's. ($200 was definitely my upper limit to spend on headphones.) They have a reputation as being excellent gaming headphones, as well as having the best low end response and impact of any headphone out there, regardless of the price. Play a 25hz test tone through your headphones and see if you hear anything. It comes through loud, clean, and clear on my headphones
. They are excellent headphones in just about every other aspect, too. They are technically "professional studio headphones." Most importantly, they are a PERFECT match to my audio taste.
(I feel I should include this since 003 makes the guys at Head-fi.org sound like immature jerks: )
Head-fi.org is a great place to go to get headphone advice if you are looking for a set of headphones. Tell them what you want, and someone will help you (having a budget of at least $50 will help). Sounds kinda like TF, eh? It's where I found out about my DT-770, and I couldn't be happier.