I might suggest the REI Half Dome 2 for your price range if you're after free-standing.  I personally logged over 150 nights in the BW & Quet. in an LL Bean Microlight.  Light and simple, and packs down to the size of a football, except for the poles.  It's not free-standing, so you'll have to be a little more selective of where you pitch and use some short cordage to tie to root, trees or rocks, but it's footprint allows more options, especially in the Quet.