I voted 'NO' , maybe it's youth and lack of dependents, Adam and Stu? I earn a good salary and could afford it but with £1000 I can also take my family on holidays for a week
, do an over payment on the mortgage (in the long term saving more than £1000) , shove it into an ISA or whatever, buy something for the house/garden (gold plated garden gnome
) etc.
Like Paul, I try to stick to 2nd hand, or old models as you get great value for money from a 1-2 year old frame etc, £1000 would almost get you ex Team GB bikes that come up for sale on the BC website. Also buying expensive stuff you have to be able to maintain/repair/replace/insure it.
My 'new' bike build from discounted (wheels) /2nd hand (frame, forks, crankset, cassette, seat post)/new (front derailleur, BB cups, tyres, cables)/canibalised from my roberts bike (rear derailleur, ergopower shifters, brakes, stem, saddle, handlebars) will cost me < £800.