Recommend me a bike lock please

Just moved to Manchester and I'm intending to do quite a bit of cycling into the city centre. Can anyone recommend me a good bike lock? Atm this one seems quite good:
http://www.amazon.co.uk/Master-Lock-Street-280x110mm-1200x10mm/dp/B000XRQ8UQ/ref=sr_1_1?ie=UTF8&s=sports&qid=1284716002&sr=8-1

Its sold secure gold rated and only £21.49, only thing is reviews mention sticky lock barrels. My bike isn't actually worth anything tbh, its quite an old secondhand one but I would be very annoyed if it was taken as its well maintained and has decent tyres on etc. Its more the inconvenience than the monetary loss. I think we bought it secondhand for about £60 with insurance money about 7 years ago.

I was looking in Halfords and saw a sign recommending spending 15% of the bike's value on a lock - that doesn't really work for me! The other sold secure shackle type locks I was looking at I've seen videos on youtube of them being opened with ballpoint pens etc. :eek:

If anyone could recommend something, maybe a bit cheaper would be nice, I'd be grateful...
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