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Just picked this "Mountaintop 55L + 10L" up off of craigslist for $40. Seems like a good starting pack, it's pretty much brand new.
Not entirely sure what the 55L + 10L means, I guess there's an extra 10L of space you can use if you want?
I'm working on putting together a camping kit for less than $200, and then I'll upgrade pieces over time depending on what I like and don't.